320 W Main StThibodauxLA70301
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
Rental property for sale in Thibodaux at 320 W Main St, Thibodaux, LA, 70301 offers $1,080/mo rent that, after a $822/mo payment, leaves $40/mo cash flow. Total monthly income is $1,080/mo, and annual cash flow is $475/yr on $55,692 cash. Return on cash invested measures 20.76% in year one, and rental yield stands at 7.71% at a $168,000 entry. Equity gained on principal adds $1,084/yr while 5% annual appreciation compounds into $46,415 by year five. Five-year ROI records 107.44% and total cumulative return in cash reaches $59,837. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,080/mo property income versus a $822/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
9,583 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices