307 Martin LnPort 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
Investment property for sale in Port Sulphur at 307 Martin Ln, Port Sulphur, LA, 70083 offers a 8.16% rental yield on a $309,000 purchase with $2,102/mo rent. Total monthly income registers $2,102/mo, and a $1,512/mo payment leaves $188/mo available for distribution. Annual cash flow reaches $2,260/yr on $102,434 to close, and return on cash invested stands at 22.11% in year one. Equity gained on principal adds $1,994/yr while 5% annual appreciation supports $85,371 over five years. Portfolio math shows five-year ROI at 114.72% and total cumulative return in cash at $117,509. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,102/mo property income against a $1,512/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
5,000 sqft 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: Brittney Bruskotter • Royal Krewe Realty
Mls Name: GSREIN
Mls ID: #2538510