306 Romero StLacassineLA70650
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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 Lacassine at 306 Romero St, Lacassine, LA, 70650 priced at $169,000 pairs $1,321/mo rent with $274/mo cash flow after a $827/mo payment. Total monthly income equals $1,321/mo, and annual cash flow comes to $3,292/yr on $56,024 invested. Return on cash invested is 25.78% in year one, and rental yield stands at 9.38% on a $169,000 basis. Equity gained on principal adds $1,091/yr, and 5% annual appreciation accumulates to $46,692 by year five. Five-year ROI measures 134.42% and total cumulative return in cash reaches $75,307. For financing, Ziffy Mortgage’s DSCR program evaluates $1,321/mo property income against a $827/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70650, Lacassine, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10 (100%) |
| Owner Occupied HU | 7 (70.0%) |
| Renter Occupied HU | 1 ( 10.0%) |
| Vacant Housing Units | 2 (20.0%) |
| Median Home Value | $262,500 |
| Average Home Value | $321,429 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
25
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Listed by: Zachary Marceaux • Bricks & Mortar- Real Estate
Mls Name: Greater Southern MLS
Mls ID: #SWL25002938
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