315 Gouaux AveHoumaLA70364
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 315 Gouaux Ave, Houma, LA, 70364 in Houma speaks for itself: 11.56% gross on a $162,000 price, generating $1,560/mo in rent and $556/mo in net income after the $728/mo debt service. DSCR 2.14, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,678 stacks alongside $44,758 in projected five-year appreciation and $1,492/yr in principal reduction. Projected total cumulative return: $97,309.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.8% |
| Monthly Cash Flow | $556 | $420 |
City averages based on Houma market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,560 |
| Total Monthly Debt Service | $939 |
| DSCR Ratio | 1.66x |
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 1973
6,969 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 |
Housing Distribution
Address Breakdown
Residential
11,921
Single Family
11,044
Multi-Family
877
Businesses
615
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 1973
6,969 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 |
Housing Distribution
Address Breakdown
Residential
11,921
Single Family
11,044
Multi-Family
877
Businesses
615
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices