57925 Joseph StPlaquemineLA70764
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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 Plaquemine at 57925 Joseph St, Plaquemine, LA, 70764 offers a 9.13% rental yield on a $125,000 purchase with $951/mo rent. Total monthly income registers $951/mo, and a $612/mo payment leaves $177/mo available for distribution. Annual cash flow reaches $2,118/yr on $41,438 to close, and return on cash invested stands at 25.02% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 130.3% and total cumulative return in cash at $53,993. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $951/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70764, Plaquemine, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,703 (100%) |
| Owner Occupied HU | 4,817 (62.5%) |
| Renter Occupied HU | 1,518 (19.7%) |
| Vacant Housing Units | 1,368 (17.8%) |
| Median Home Value | $191,229 |
| Average Home Value | $217,243 |
Housing Distribution
Address Breakdown
Residential
7,437
Single Family
6,827
Multi-Family
610
Businesses
577
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Listed by: Toni Hayes • Coldwell Banker ONE
Mls Name: ROAM MLS
Mls ID: #2025018003