490 Wagon Wheel DrThibodauxLA70301
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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 Thibodaux at 490 Wagon Wheel Dr, Thibodaux, LA, 70301 offers $1,920/mo rent that, after a $1,018/mo payment, leaves $613/mo cash flow. Total monthly income is $1,920/mo, and annual cash flow is $7,350/yr on $68,932 cash. Return on cash invested measures 30.57% in year one, and rental yield stands at 11.08% at a $207,940 entry. Equity gained on principal adds $1,342/yr while 5% annual appreciation compounds into $57,450 by year five. Five-year ROI records 160.18% and total cumulative return in cash reaches $110,417. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,920/mo property income versus a $1,018/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,969 sqft lot
$N/A/sqft
$230 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70301, Thibodaux, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,759 (100%) |
| Owner Occupied HU | 13,395 (64.5%) |
| Renter Occupied HU | 5,419 (26.1%) |
| Vacant Housing Units | 1,945 ( 9.4%) |
| Median Home Value | $234,273 |
| Average Home Value | $285,685 |
Housing Distribution
Address Breakdown
Residential
20,557
Single Family
18,981
Multi-Family
1,576
Businesses
1,201
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Listed by: Saun Sullivan • Cicero Realty, LLC
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025009104
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 2025 ROAM MLS.