503 Orange StMermentauLA70556
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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
Investment Highlights
Rental property for sale in Mermentau at 503 Orange St, Mermentau, LA, 70556 offers $1,230/mo rent that, after a $734/mo payment, leaves $301/mo cash flow. Total monthly income is $1,230/mo, and annual cash flow is $3,612/yr on $49,725 cash. Return on cash invested measures 27.17% in year one, and rental yield stands at 9.84% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 141.79% and total cumulative return in cash reaches $70,506. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,230/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
8,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70556, Mermentau, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 243 (100%) |
| Owner Occupied HU | 157 (64.6%) |
| Renter Occupied HU | 55 (22.6%) |
| Vacant Housing Units | 31 (12.8%) |
| Median Home Value | $55,164 |
| Average Home Value | $83,615 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
15
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