330 Chennault St #A & BMorgan CityLA70380
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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 Morgan City at 330 Chennault St #A & B, Morgan City, LA, 70380 at $138,000 posts ROI 25.83% with $226/mo cash flow from $1,080/mo rent. Total monthly income equals $1,080/mo, and annual cash flow records $2,707/yr on $45,747 to close. Return on cash invested measures 25.83% and rental yield reads 9.39% at the current $138,000. Equity gained on principal adds $890/yr, and 5% annual appreciation supports $38,127 by year five. Five-year ROI prints 134.61% and total cumulative return in cash totals $61,578.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,080/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in N/A
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70380, Morgan City, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,959 (100%) |
| Owner Occupied HU | 5,645 (56.7%) |
| Renter Occupied HU | 2,703 (27.1%) |
| Vacant Housing Units | 1,611 (16.2%) |
| Median Home Value | $152,917 |
| Average Home Value | $211,206 |
Housing Distribution
Address Breakdown
Residential
8,902
Single Family
8,630
Multi-Family
272
Businesses
897
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Listed by: Paula Anslum • Anslum Real Estate, LLC
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024019193
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 ROAM MLS.