3142 Main StPort AllenLA70767
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 Allen at 3142 Main St, Port Allen, LA, 70767 uses $62,819 cash to close to unlock $3,188/yr annual cash flow and $266/mo monthly cash flow. Total monthly income runs $1,440/mo, and a $928/mo payment keeps the spread at $266/mo. Purchase price stands at $189,500, and rental yield measures 9.12% with $1,440/mo rent. Return on cash invested shows 24.98% in year one, and 5% annual appreciation builds toward $52,355 over five years. Five-year ROI reaches 130.09% and total cumulative return in cash records $81,719. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,440/mo property income covering a $928/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70767, Port Allen, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,858 (100%) |
| Owner Occupied HU | 4,505 (65.7%) |
| Renter Occupied HU | 1,586 (23.1%) |
| Vacant Housing Units | 767 (11.2%) |
| Median Home Value | $235,035 |
| Average Home Value | $255,918 |
Housing Distribution
Address Breakdown
Residential
6,322
Single Family
5,814
Multi-Family
508
Businesses
788
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Wagley • Hollier Real Estate
Mls Name: ROAM MLS
Mls ID: #2025015464