344 Bayou DrPierre PartLA70339
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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
Rental property for sale in Pierre Part at 344 Bayou Dr, Pierre Part, LA, 70339 generates $2,338/mo in rent, after a $2,149/mo payment. Total monthly income is $2,338/mo. Return on cash invested sits at 16.76% in year one, and rental yield is 6.39% on a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 85.99% and total cumulative return in cash sums $125,144. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,338/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70339, Pierre Part, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,070 (100%) |
| Owner Occupied HU | 1,942 (63.3%) |
| Renter Occupied HU | 334 (10.9%) |
| Vacant Housing Units | 794 (25.9%) |
| Median Home Value | $211,905 |
| Average Home Value | $237,374 |
Housing Distribution
Address Breakdown
Residential
2,338
Single Family
2,307
Multi-Family
31
Businesses
103
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Listed by: N/A • N/A
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