417 Leona StMorgan 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 417 Leona St, Morgan City, LA, 70380 at $110,000 posts ROI 33.04% with $399/mo cash flow from $1,080/mo rent. Total monthly income equals $1,080/mo, and annual cash flow records $4,788/yr on $36,465 to close. Return on cash invested measures 33.04% and rental yield reads 11.78% at the current $110,000. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 by year five. Five-year ROI prints 173.23% and total cumulative return in cash totals $63,168.
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).
Single Family
Built in 1965
5,096 sqft 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: Glen Elliott • ASSOCIATES OF PREFERRED REALTY
Mls Name: ROAM MLS
Mls ID: #2025014469