223 Sugar StMathewsLA70375
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 223 Sugar St, Mathews, LA, 70375 in Mathews earns a 9.52% gross yield at $139,900. Rent of $1,110/mo nets $243/mo after the $629/mo mortgage. The 1.76 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $38,652 and $1,288/yr in equity accumulation project a total cumulative return of $68,776.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.2% |
| Monthly Cash Flow | $243 | $800 |
City averages based on Mathews market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,110 |
| Total Monthly Debt Service | $811 |
| DSCR Ratio | 1.37x |
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 1955
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70375, Mathews, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 100 (100%) |
| Owner Occupied HU | 68 (68.0%) |
| Renter Occupied HU | 11 (11.0%) |
| Vacant Housing Units | 21 (21.0%) |
| Median Home Value | $193,750 |
| Average Home Value | $235,331 |
Housing Distribution
Address Breakdown
Residential
88
Single Family
88
Multi-Family
0
Businesses
41
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 1955
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70375, Mathews, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 100 (100%) |
| Owner Occupied HU | 68 (68.0%) |
| Renter Occupied HU | 11 (11.0%) |
| Vacant Housing Units | 21 (21.0%) |
| Median Home Value | $193,750 |
| Average Home Value | $235,331 |
Housing Distribution
Address Breakdown
Residential
88
Single Family
88
Multi-Family
0
Businesses
41
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices