515 Katherine StJeaneretteLA70544
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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 Jeanerette at 515 Katherine St, Jeanerette, LA, 70544 with 5% annual appreciation on a $160,000 basis while $1,245/mo rent supports operations. Total monthly income totals $1,245/mo and a $783/mo payment preserves $254/mo for cash returns. Annual cash flow comes to $3,048/yr on $53,040 deployed, and return on cash invested reaches 25.66% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 9.34%. Five-year ROI measures 133.67% and total cumulative return in cash totals $70,898.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,245/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70544, Jeanerette, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,255 (100%) |
| Owner Occupied HU | 3,292 (62.6%) |
| Renter Occupied HU | 1,051 (20.0%) |
| Vacant Housing Units | 912 (17.4%) |
| Median Home Value | $153,712 |
| Average Home Value | $160,884 |
Housing Distribution
Address Breakdown
Residential
4,230
Single Family
4,103
Multi-Family
127
Businesses
255
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Listed by: Ali LaGarde • Compass
Mls Name: RAA
Mls ID: #2500004741