222 Sterling DrHoumaLA70363
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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
Rental property for sale in Houma at 222 Sterling Dr, Houma, LA, 70363 priced at $128,900 pairs $975/mo rent with $176/mo cash flow after a $631/mo payment. Total monthly income equals $975/mo, and annual cash flow comes to $2,117/yr on $42,730 invested. Return on cash invested is 24.86% in year one, and rental yield stands at 9.08% on a $128,900 basis. Equity gained on principal adds $832/yr, and 5% annual appreciation accumulates to $35,613 by year five. Five-year ROI measures 129.48% and total cumulative return in cash reaches $55,325. For financing, Ziffy Mortgage’s DSCR program evaluates $975/mo property income against a $631/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70363, Houma, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,051 (100%) |
| Owner Occupied HU | 6,191 (61.6%) |
| Renter Occupied HU | 2,660 (26.5%) |
| Vacant Housing Units | 1,200 (11.9%) |
| Median Home Value | $160,689 |
| Average Home Value | $174,482 |
Housing Distribution
Address Breakdown
Residential
9,300
Single Family
8,672
Multi-Family
628
Businesses
726
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