30142 & 30144 Highway 23Pt SulphurLA70083
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 Sulphur at 30142 & 30144 Highway 23, Pt Sulphur, LA, 70083 generates $1,336/mo in rent and, after a $832/mo payment, leaves $283/mo in cash flow. Total monthly income is $1,336/mo, and annual cash flow is $3,396/yr on $56,355 invested. Return on cash invested sits at 25.94% in year one, and rental yield is 9.43% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 135.15% and total cumulative return in cash sums $76,161. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,336/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
4.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70083, Port Sulphur, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,258 (100%) |
| Owner Occupied HU | 788 (62.6%) |
| Renter Occupied HU | 138 (11.0%) |
| Vacant Housing Units | 332 (26.4%) |
| Median Home Value | $111,702 |
| Average Home Value | $204,724 |
Housing Distribution
Address Breakdown
Residential
920
Single Family
920
Multi-Family
0
Businesses
84
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Listed by: Bonnie Buras • CBTEC BELLE CHASSE
Mls Name: GSREIN
Mls ID: #2500759