3309 Olivier RdJeaneretteLA70544
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 3309 Olivier Rd, Jeanerette, LA, 70544 in Jeanerette is narrow, $194/mo net on $1,080/mo rent after the $643/mo debt service, but the property operates at break-even-plus, not a loss. At $143,100 with a 9.06% yield, the long-run equity case via 5% appreciation ($39,536 over five years) and $1,318/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.68 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $66,742.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 8.5% |
| Monthly Cash Flow | $194 | $350 |
City averages based on Jeanerette market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,080 |
| Total Monthly Debt Service | $829 |
| DSCR Ratio | 1.30x |
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 1983
1.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70544, Jeanerette, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,255 (100%) |
| Owner Occupied HU | 3,292 (62.6%) |
| Renter Occupied HU | 1,051 (20.0%) |
| Vacant Housing Units | 912 (17.4%) |
| Median Home Value | $153,712 |
| Average Home Value | $160,884 |
Housing Distribution
Address Breakdown
Residential
4,230
Single Family
4,103
Multi-Family
127
Businesses
255
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 1983
1.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70544, Jeanerette, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,255 (100%) |
| Owner Occupied HU | 3,292 (62.6%) |
| Renter Occupied HU | 1,051 (20.0%) |
| Vacant Housing Units | 912 (17.4%) |
| Median Home Value | $153,712 |
| Average Home Value | $160,884 |
Housing Distribution
Address Breakdown
Residential
4,230
Single Family
4,103
Multi-Family
127
Businesses
255
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dana Rowell • RealHome Services & Solutions
Mls Name: RAA
Mls ID: #2500001290