218 Louis StLaroseLA70373
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 218 Louis St, Larose, LA, 70373 in Larose is straightforward: $160,000 in, $1,463/mo in rent, $472/mo out after debt service. The 10.97% gross yield and 2.03 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $44,205 by year five. With $1,474/yr in principal equity, the total cumulative return is projected at $91,060.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 6.5% |
| Monthly Cash Flow | $472 | $850 |
City averages based on Larose market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,463 |
| Total Monthly Debt Service | $927 |
| DSCR Ratio | 1.58x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1959
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70373, Larose, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,821 (100%) |
| Owner Occupied HU | 2,011 (71.3%) |
| Renter Occupied HU | 455 (16.1%) |
| Vacant Housing Units | 355 (12.6%) |
| Median Home Value | $172,289 |
| Average Home Value | $272,602 |
Housing Distribution
Address Breakdown
Residential
2,269
Single Family
2,269
Multi-Family
0
Businesses
178
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
Single Family
Built in 1959
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70373, Larose, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,821 (100%) |
| Owner Occupied HU | 2,011 (71.3%) |
| Renter Occupied HU | 455 (16.1%) |
| Vacant Housing Units | 355 (12.6%) |
| Median Home Value | $172,289 |
| Average Home Value | $272,602 |
Housing Distribution
Address Breakdown
Residential
2,269
Single Family
2,269
Multi-Family
0
Businesses
178
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices