59620 Thomas Ross DrPlaquemineLA70764
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 59620 Thomas Ross Dr, Plaquemine, LA, 70764 in Plaquemine worth study. Rental yield 3.51%. The 3.51% gross yield is below cash-flow benchmarks at $451,000, but 5% annual appreciation, adding $124,603 over five years, frames this as a capital growth position. Rent of $1,320/mo partially offsets the $2,028/mo payment. Ziffy Mortgage finances appreciation-play properties (0.65 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $76,205.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.5% | 7.5% |
| Monthly Cash Flow | $(1,599) | $450 |
City averages based on Plaquemine market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,320 |
| Total Monthly Debt Service | $2,614 |
| DSCR Ratio | 0.50x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2017
4.36 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
Nearby investment properties with comparable rents
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
Single Family
Built in 2017
4.36 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shantal Louviere • KELLER WILLIAMS REALTY BAYOU P
Mls Name: ROAM MLS
Mls ID: #2026001369