211 Michigan AveSulphurLA70663
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
Investment Highlights
Investment property for sale in Sulphur at 211 Michigan Ave, Sulphur, LA, 70663 at $180,000 posts ROI 32.02% with $602/mo cash flow from $1,717/mo rent. Total monthly income equals $1,717/mo, and annual cash flow records $7,224/yr on $59,670 to close. Return on cash invested measures 32.02% and rental yield reads 11.45% at the current $180,000. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 by year five. Five-year ROI prints 167.75% and total cumulative return in cash totals $100,097.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,717/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70663, Sulphur, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,668 (100%) |
| Owner Occupied HU | 8,090 (63.9%) |
| Renter Occupied HU | 2,944 (23.2%) |
| Vacant Housing Units | 1,634 (12.9%) |
| Median Home Value | $206,411 |
| Average Home Value | $222,076 |
Housing Distribution
Address Breakdown
Residential
12,145
Single Family
11,776
Multi-Family
369
Businesses
875
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