516 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
Rental property for sale in Jeanerette at 516 Katherine St, Jeanerette, LA, 70544 generates $960/mo in rent and, after a $562/mo payment, leaves $249/mo in cash flow. Total monthly income is $960/mo, and annual cash flow is $2,984/yr on $38,089 invested. Return on cash invested sits at 27.74% in year one, and rental yield is 10.03% on a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 144.9% and total cumulative return in cash sums $55,190. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $960/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
0.41 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: Jared English • Congress Realty, Inc.
Mls Name: GSREIN
Mls Provider:
Mls ID: #2480234
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. [Click here for more information](/info/mls-disclaimers/#mls_250)