302 Convent StLabadievilleLA70372
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 302 Convent St, Labadieville, LA, 70372 in Labadieville is listed at $147,000 and delivers $1,225/mo in rent and $315/mo in net monthly cash flow. The 10% yield and 1.85 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $40,613 over five years, and $1,354/yr in principal reduction supplements cash return. Total projected cumulative return: $75,979.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 7.2% |
| Monthly Cash Flow | $315 | $650 |
City averages based on Labadieville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,225 |
| Total Monthly Debt Service | $852 |
| DSCR Ratio | 1.44x |
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 N/A
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70372, Labadieville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,016 (100%) |
| Owner Occupied HU | 714 (70.3%) |
| Renter Occupied HU | 190 (18.7%) |
| Vacant Housing Units | 112 (11.0%) |
| Median Home Value | $165,741 |
| Average Home Value | $178,466 |
Housing Distribution
Address Breakdown
Residential
973
Single Family
963
Multi-Family
10
Businesses
62
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 N/A
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70372, Labadieville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,016 (100%) |
| Owner Occupied HU | 714 (70.3%) |
| Renter Occupied HU | 190 (18.7%) |
| Vacant Housing Units | 112 (11.0%) |
| Median Home Value | $165,741 |
| Average Home Value | $178,466 |
Housing Distribution
Address Breakdown
Residential
973
Single Family
963
Multi-Family
10
Businesses
62
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A