355 Rue EvangelineHoumaLA70364
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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 Houma at 355 Rue Evangeline, Houma, LA, 70364 offers a 11.29% rental yield on a $276,646 purchase with $2,602/mo rent. Total monthly income registers $2,602/mo, and a $1,354/mo payment leaves $879/mo available for distribution. Annual cash flow reaches $10,550/yr on $91,708 to close, and return on cash invested stands at 31.41% in year one. Equity gained on principal adds $1,785/yr while 5% annual appreciation supports $76,432 over five years. Portfolio math shows five-year ROI at 164.62% and total cumulative return in cash at $150,972. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,602/mo property income against a $1,354/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
0.65 Acres lot
$N/A/sqft
$110 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70364, Houma, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,921 (100%) |
| Owner Occupied HU | 8,063 (62.4%) |
| Renter Occupied HU | 3,516 (27.2%) |
| Vacant Housing Units | 1,342 (10.4%) |
| Median Home Value | $211,709 |
| Average Home Value | $236,925 |
Housing Distribution
Address Breakdown
Residential
11,921
Single Family
11,044
Multi-Family
877
Businesses
615
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Listed by: Saun Sullivan • Cicero Realty, LLC
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025021130
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 2026 ROAM MLS.