226 Seneca StPort BarreLA70577
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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 Barre at 226 Seneca St, Port Barre, LA, 70577 uses $39,780 cash to close to unlock $4,128/yr annual cash flow and $344/mo monthly cash flow. Total monthly income runs $1,087/mo, and a $587/mo payment keeps the spread at $344/mo. Purchase price stands at $120,000, and rental yield measures 10.87% with $1,087/mo rent. Return on cash invested shows 30.29% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 158.45% and total cumulative return in cash records $63,031. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,087/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70577, Port Barre, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,215 (100%) |
| Owner Occupied HU | 1,449 (65.4%) |
| Renter Occupied HU | 423 (19.1%) |
| Vacant Housing Units | 343 (15.5%) |
| Median Home Value | $154,688 |
| Average Home Value | $168,653 |
Housing Distribution
Address Breakdown
Residential
1,370
Single Family
1,362
Multi-Family
8
Businesses
71
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Listed by: Rosa Johnson • Keller Williams Realty Acadiana
Mls Name: RAA
Mls ID: #2500002462