1823 Clover StOpelousasLA70570
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Opelousas at 1823 Clover St, Opelousas, LA, 70570 uses $39,449 cash to close to unlock $1,528/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $864/mo, and a $582/mo payment keeps the spread at $127/mo. Purchase price stands at $119,000, and rental yield measures 8.71% with $864/mo rent. Return on cash invested shows 23.78% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 123.7% and total cumulative return in cash records $48,797. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $864/mo property income covering a $582/mo payment rather than investor’s personal income.
Single Family
Built in N/A
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70570, Opelousas, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,009 (100%) |
| Owner Occupied HU | 10,668 (59.2%) |
| Renter Occupied HU | 5,062 (28.1%) |
| Vacant Housing Units | 2,279 (12.7%) |
| Median Home Value | $172,961 |
| Average Home Value | $254,841 |
Housing Distribution
Address Breakdown
Residential
16,636
Single Family
15,941
Multi-Family
695
Businesses
1,138
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