205 Martha StSaint JosephLA71366
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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 Saint Joseph at 205 Martha St, Saint Joseph, LA, 71366 uses $91,163 cash to close to unlock $1,830/yr annual cash flow and $153/mo monthly cash flow. Total monthly income runs $1,856/mo, and a $1,346/mo payment keeps the spread at $153/mo. Purchase price stands at $275,000, and rental yield measures 8.1% with $1,856/mo rent. Return on cash invested shows 21.92% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 113.64% and total cumulative return in cash records $103,595. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,856/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1990
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71366, Saint Joseph, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,017 (100%) |
| Owner Occupied HU | 496 (48.8%) |
| Renter Occupied HU | 182 (17.9%) |
| Vacant Housing Units | 339 (33.3%) |
| Median Home Value | $83,429 |
| Average Home Value | $144,073 |
Housing Distribution
Address Breakdown
Residential
601
Single Family
601
Multi-Family
0
Businesses
105
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Listed by: William Crigler • Mossy Oak Properties Land Investments - Jackson
Mls Name: My State MLS
Mls ID: #11519277