297 Front StPt BarreLA70577
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
Rental property for sale in Pt Barre at 297 Front St, Pt Barre, LA, 70577 generates $1,439/mo in rent and, after a $1,062/mo payment, leaves $78/mo in cash flow. Total monthly income is $1,439/mo, and annual cash flow is $940/yr on $71,902 invested. Return on cash invested sits at 21.22% in year one, and rental yield is 7.96% on a $216,900 entry. Equity gained on principal adds $1,400/yr, while 5% annual appreciation builds toward $59,925 over five years. Five-year ROI reaches 109.98% and total cumulative return in cash sums $79,078. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,439/mo property income rather than buyer’s personal income.
Manufactured
Built in N/A
9,147 sqft lot
$N/A/sqft
$200 annually 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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Nearby investment properties with comparable prices
Listed by: Elena Ladmirault • Epique Realty
Mls Name: RAA
Mls Provider:
Mls ID: #2020024064
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. IDX information is provided exclusively for consumers' 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 deemed reliable, but not guaranteed accurate. Data last updated 2025-05-25 12:22:21 PDT