241 Rue Richard, Houma, LA, 70359 | 3.31% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Houma at 241 Rue Richard, Houma, LA, 70359 priced at $565,000 converts $1,560/mo rent into after a $2,765/mo obligation. Total monthly income equals $1,560/mo. Return on cash invested prints 7.54% in year one, and rental yield reads 3.31% against a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation compiles into $156,099 by year five. Five-year ROI reaches 36.5% and total cumulative return in cash sums $67,839. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,560/mo property income covering a $2,765/mo payment, not borrower’s personal income.

Single Family

Built in 2015

0.30 Acres lot

$N/A/sqft

No HOA