306 Derusso St, Houma, LA, 70364 | 6.61% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,322/mo, and a $1,175/mo payment. Purchase price stands at $240,000, and rental yield measures 6.61% with $1,322/mo rent. Return on cash invested shows 17.42% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 89.49% and total cumulative return in cash records $71,198. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,322/mo property income covering a $1,175/mo payment rather than investor’s personal income.

Townhouse

Built in 2018

2,178 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70364, Houma, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,921 (100%)
Owner Occupied HU	8,063 (62.4%)
Renter Occupied HU	3,516 (27.2%)
Vacant Housing Units	1,342 (10.4%)
Median Home Value	$211,709
Average Home Value	$236,925