290 Crossing North StThibodauxLA70301
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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 Thibodaux at 290 Crossing North St, Thibodaux, LA, 70301 uses $104,423 cash to close to unlock $4,110/yr annual cash flow and $343/mo monthly cash flow. Total monthly income runs $2,294/mo, and a $1,542/mo payment keeps the spread at $343/mo. Purchase price stands at $315,000, and rental yield measures 8.74% with $2,294/mo rent. Return on cash invested shows 23.84% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 123.96% and total cumulative return in cash records $129,437. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,294/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 2013
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70301, Thibodaux, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,759 (100%) |
| Owner Occupied HU | 13,395 (64.5%) |
| Renter Occupied HU | 5,419 (26.1%) |
| Vacant Housing Units | 1,945 ( 9.4%) |
| Median Home Value | $234,273 |
| Average Home Value | $285,685 |
Housing Distribution
Address Breakdown
Residential
20,557
Single Family
18,981
Multi-Family
1,576
Businesses
1,201
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