317 Thoroughbred Park DrThibodauxLA70301
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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
Investment property for sale in Thibodaux at 317 Thoroughbred Park Dr, Thibodaux, LA, 70301 with 5% annual appreciation on a $207,000 basis while $1,421/mo rent supports operations. Total monthly income totals $1,421/mo and a $1,013/mo payment preserves $139/mo for cash returns. Annual cash flow comes to $1,667/yr on $68,621 deployed, and return on cash invested reaches 22.34% in year one. Equity gained on principal adds $1,336/yr, and five-year appreciation sums $57,190 alongside rental yield of 8.24%. Five-year ROI measures 115.87% and total cumulative return in cash totals $79,510.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,421/mo property income versus a $1,013/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70301, Thibodaux, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,759 (100%) |
| Owner Occupied HU | 13,395 (64.5%) |
| Renter Occupied HU | 5,419 (26.1%) |
| Vacant Housing Units | 1,945 ( 9.4%) |
| Median Home Value | $234,273 |
| Average Home Value | $285,685 |
Housing Distribution
Address Breakdown
Residential
20,557
Single Family
18,981
Multi-Family
1,576
Businesses
1,201
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