1902 Laredo Dr, Houma, LA, 70360 | $729/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Houma at 1902 Laredo Dr, Houma, LA, 70360 generates $2,102/mo in rent and, after a $1,076/mo payment, leaves $729/mo in cash flow. Total monthly income is $2,102/mo, and annual cash flow is $8,750/yr on $72,897 invested. Return on cash invested sits at 31.91% in year one, and rental yield is 11.47% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 167.35% and total cumulative return in cash sums $121,996. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,102/mo property income rather than buyer’s personal income.

Single Family

Built in N/A

9,500 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70360, Houma, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,410 (100%)
Owner Occupied HU	7,442 (60.0%)
Renter Occupied HU	3,559 (28.7%)
Vacant Housing Units	1,409 (11.4%)
Median Home Value	$307,752
Average Home Value	$407,854