574 Goode StThibodauxLA70301
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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 574 Goode St, Thibodaux, LA, 70301 at $179,000 posts ROI 25.29% with $266/mo cash flow from $1,375/mo rent. Total monthly income equals $1,375/mo, and annual cash flow records $3,196/yr on $59,339 to close. Return on cash invested measures 25.29% and rental yield reads 9.22% at the current $179,000. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,454 by year five. Five-year ROI prints 131.78% and total cumulative return in cash totals $78,195.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,375/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
4,791 sqft 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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Listed by: Melanie Gros • DONNES REAL ESTATE, INC
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025004611
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.