23806 Ferdinand St #2PlaquemineLA70764
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
Investment property for sale in Plaquemine at 23806 Ferdinand St #2, Plaquemine, LA, 70764 uses $56,189 cash to close to unlock $3,236/yr annual cash flow and $270/mo monthly cash flow. Total monthly income runs $1,320/mo, and a $830/mo payment keeps the spread at $270/mo. Purchase price stands at $169,500, and rental yield measures 9.35% with $1,320/mo rent. Return on cash invested shows 25.67% in year one, and 5% annual appreciation builds toward $46,830 over five years. Five-year ROI reaches 133.77% and total cumulative return in cash records $75,164. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,320/mo property income covering a $830/mo payment rather than investor’s personal income.
Multi Family
Built in N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70764, Plaquemine, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,703 (100%) |
| Owner Occupied HU | 4,817 (62.5%) |
| Renter Occupied HU | 1,518 (19.7%) |
| Vacant Housing Units | 1,368 (17.8%) |
| Median Home Value | $191,229 |
| Average Home Value | $217,243 |
Housing Distribution
Address Breakdown
Residential
7,437
Single Family
6,827
Multi-Family
610
Businesses
577
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicole Bradford • Bradford Real Estate, LLC
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024022303
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.