212 Aspen DrHoumaLA70360
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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 Houma at 212 Aspen Dr, Houma, LA, 70360 earns $955/mo cash flow from $2,640/mo rent with a $1,331/mo payment. Total monthly income totals $2,640/mo, and annual cash flow totals $11,465/yr on $90,168 capital. ROI tracks 32.62% on current figures, and rental yield reads 11.65% at a $272,000 purchase. Equity gained on principal adds $1,755/yr, and 5% annual appreciation supports $75,149 over five years. Five-year ROI reaches 171.05% and total cumulative return in cash sums $154,229. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,640/mo property income instead of your personal income.
Single Family
Built in 1981
8,712 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 |
Housing Distribution
Address Breakdown
Residential
11,883
Single Family
9,729
Multi-Family
2,154
Businesses
1,715
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