18837 E Main StGallianoLA70354
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 18837 E Main St, Galliano, LA, 70354 in Galliano at $114,000 earns $892/mo in rent and nets $185/mo after the $513/mo payment, a 9.39% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $31,496 over five years. Ziffy Mortgage underwrites this on a 1.74 DSCR without U.S. credit history. With $1,050/yr in principal paydown, total projected return reaches $55,183.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 7.0% |
| Monthly Cash Flow | $185 | $1,200 |
City averages based on Galliano market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $892 |
| Total Monthly Debt Service | $661 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70354, Galliano, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,909 (100%) |
| Owner Occupied HU | 1,243 (65.1%) |
| Renter Occupied HU | 345 (18.1%) |
| Vacant Housing Units | 321 (16.8%) |
| Median Home Value | $144,470 |
| Average Home Value | $171,957 |
Housing Distribution
Address Breakdown
Residential
1,419
Single Family
1,419
Multi-Family
0
Businesses
104
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1960
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70354, Galliano, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,909 (100%) |
| Owner Occupied HU | 1,243 (65.1%) |
| Renter Occupied HU | 345 (18.1%) |
| Vacant Housing Units | 321 (16.8%) |
| Median Home Value | $144,470 |
| Average Home Value | $171,957 |
Housing Distribution
Address Breakdown
Residential
1,419
Single Family
1,419
Multi-Family
0
Businesses
104
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices