347 Long Beach RdCameronLA70631
INVESTMENT ANALYSIS
Investment Verdict
Solid Income347 Long Beach Rd, Cameron, LA, 70631 in Cameron is a solid income-producing rental, 8.93% gross yield, $1,684/mo rent, $296/mo net cash flow on a $237,000 buy. DSCR 1.58 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $65,479 and $2,183/yr in principal reduction project a total cumulative return of $103,745.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.8% |
| Monthly Cash Flow | $296 | $500 |
City averages based on Cameron market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,684 |
| Total Monthly Debt Service | $1,374 |
| DSCR Ratio | 1.23x |
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 2008
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70631, Cameron, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,026 (100%) |
| Owner Occupied HU | 306 (29.8%) |
| Renter Occupied HU | 49 ( 4.8%) |
| Vacant Housing Units | 671 (65.4%) |
| Median Home Value | $214,679 |
| Average Home Value | $230,547 |
Housing Distribution
Address Breakdown
Residential
512
Single Family
484
Multi-Family
28
Businesses
73
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 2008
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70631, Cameron, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,026 (100%) |
| Owner Occupied HU | 306 (29.8%) |
| Renter Occupied HU | 49 ( 4.8%) |
| Vacant Housing Units | 671 (65.4%) |
| Median Home Value | $214,679 |
| Average Home Value | $230,547 |
Housing Distribution
Address Breakdown
Residential
512
Single Family
484
Multi-Family
28
Businesses
73
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lyndsie Blanchard • The Real Estate Brokerage
Mls Name: Greater Southern MLS
Mls ID: #SWL24006978
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.