3007 Pinewood CirHoumaLA70363
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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
Rental property for sale in Houma at 3007 Pinewood Cir, Houma, LA, 70363 generates $1,086/mo in rent and, after a $685/mo payment, leaves $206/mo in cash flow. Total monthly income is $1,086/mo, and annual cash flow is $2,475/yr on $46,410 invested. Return on cash invested sits at 25.24% in year one, and rental yield is 9.31% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 131.63% and total cumulative return in cash sums $61,090. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,086/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70363, Houma, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,051 (100%) |
| Owner Occupied HU | 6,191 (61.6%) |
| Renter Occupied HU | 2,660 (26.5%) |
| Vacant Housing Units | 1,200 (11.9%) |
| Median Home Value | $160,689 |
| Average Home Value | $174,482 |
Housing Distribution
Address Breakdown
Residential
9,300
Single Family
8,672
Multi-Family
628
Businesses
726
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Listed by: Jollette Jagneaux • Jollette Jagneaux Real Estate
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025013288
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. Copyright 2025 ROAM MLS.