300 Jean StHoumaLA70360
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 Houma at 300 Jean St, Houma, LA, 70360 with 5% annual appreciation on a $159,900 basis while $1,271/mo rent supports operations. Total monthly income totals $1,271/mo and a $783/mo payment preserves $280/mo for cash returns. Annual cash flow comes to $3,362/yr on $53,007 deployed, and return on cash invested reaches 26.25% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,177 alongside rental yield of 9.54%. Five-year ROI measures 136.95% and total cumulative return in cash totals $72,594.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,271/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
5,349 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70360, Houma, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,410 (100%) |
| Owner Occupied HU | 7,442 (60.0%) |
| Renter Occupied HU | 3,559 (28.7%) |
| Vacant Housing Units | 1,409 (11.4%) |
| Median Home Value | $307,752 |
| Average Home Value | $407,854 |
Housing Distribution
Address Breakdown
Residential
11,883
Single Family
9,729
Multi-Family
2,154
Businesses
1,715
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Laughlin • Century 21 Action Realty, Inc.
Mls Name: GSREIN
Mls Provider:
Mls ID: #2475934
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. [Click here for more information](/info/mls-disclaimers/#mls_250)