501 Olive St #AThibodauxLA70301
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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 Thibodaux at 501 Olive St #A, Thibodaux, LA, 70301 at $149,500 posts ROI 25.01% with $211/mo cash flow from $1,137/mo rent. Total monthly income equals $1,137/mo, and annual cash flow records $2,528/yr on $49,559 to close. Return on cash invested measures 25.01% and rental yield reads 9.13% at the current $149,500. Equity gained on principal adds $965/yr, and 5% annual appreciation supports $41,304 by year five. Five-year ROI prints 130.25% and total cumulative return in cash totals $64,553.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,137/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
N/A lot
$N/A/sqft
No 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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