21541 Highway 23Port SulphurLA70083
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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 Port Sulphur at 21541 Highway 23, Port Sulphur, LA, 70083 uses $152,457 cash to close to unlock $13,934/yr annual cash flow and $1,161/mo monthly cash flow. Total monthly income runs $4,010/mo, and a $2,251/mo payment keeps the spread at $1,161/mo. Purchase price stands at $459,900, and rental yield measures 10.46% with $4,010/mo rent. Return on cash invested shows 29.05% in year one, and 5% annual appreciation builds toward $127,062 over five years. Five-year ROI reaches 151.88% and total cumulative return in cash records $231,558. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,010/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Single Family
Built in 2008
7.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70083, Port Sulphur, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,258 (100%) |
| Owner Occupied HU | 788 (62.6%) |
| Renter Occupied HU | 138 (11.0%) |
| Vacant Housing Units | 332 (26.4%) |
| Median Home Value | $111,702 |
| Average Home Value | $204,724 |
Housing Distribution
Address Breakdown
Residential
920
Single Family
920
Multi-Family
0
Businesses
84
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Listed by: George Dubois • C L Crane Real Estate of Louisiana LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2498802
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.