218 Margie StThibodauxLA70301
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
Rental property for sale in Thibodaux at 218 Margie St, Thibodaux, LA, 70301 priced at $399,500 converts $2,160/mo rent into after a $1,955/mo obligation. Total monthly income equals $2,160/mo. Return on cash invested prints 15.08% in year one, and rental yield reads 6.49% against a $399,500 entry. Equity gained on principal adds $2,578/yr, while 5% annual appreciation compiles into $110,374 by year five. Five-year ROI reaches 77.66% and total cumulative return in cash sums $102,855. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $1,955/mo payment, not borrower’s personal income.
Single Family
Built in 2018
0.30 Acres lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70301, Thibodaux, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,759 (100%) |
| Owner Occupied HU | 13,395 (64.5%) |
| Renter Occupied HU | 5,419 (26.1%) |
| Vacant Housing Units | 1,945 ( 9.4%) |
| Median Home Value | $234,273 |
| Average Home Value | $285,685 |
Housing Distribution
Address Breakdown
Residential
20,557
Single Family
18,981
Multi-Family
1,576
Businesses
1,201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ross Esteve • Canal & Main Realty
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025007382
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. Copyright 2025 ROAM MLS.