3004 Bartolo StMerauxLA70075
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 3004 Bartolo St, Meraux, LA, 70075 in Meraux is straightforward: $198,500 in, $1,533/mo in rent, $303/mo out after debt service. The 9.27% gross yield and 1.72 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $54,842 by year five. With $1,828/yr in principal equity, the total cumulative return is projected at $94,774.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.0% |
| Monthly Cash Flow | $303 | $350 |
City averages based on Meraux market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,533 |
| Total Monthly Debt Service | $1,151 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1973
10,010 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70075, Meraux, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,015 (100%) |
| Owner Occupied HU | 1,573 (78.1%) |
| Renter Occupied HU | 350 (17.4%) |
| Vacant Housing Units | 92 ( 4.6%) |
| Median Home Value | $231,194 |
| Average Home Value | $263,784 |
Housing Distribution
Address Breakdown
Residential
2,110
Single Family
2,028
Multi-Family
82
Businesses
84
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
Single Family
Built in 1973
10,010 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70075, Meraux, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,015 (100%) |
| Owner Occupied HU | 1,573 (78.1%) |
| Renter Occupied HU | 350 (17.4%) |
| Vacant Housing Units | 92 ( 4.6%) |
| Median Home Value | $231,194 |
| Average Home Value | $263,784 |
Housing Distribution
Address Breakdown
Residential
2,110
Single Family
2,028
Multi-Family
82
Businesses
84
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices