604 Choctaw DrOpelousasLA70570
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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 Opelousas at 604 Choctaw Dr, Opelousas, LA, 70570 priced at $106,000 pairs $812/mo rent with $155/mo cash flow after a $519/mo payment. Total monthly income equals $812/mo, and annual cash flow comes to $1,862/yr on $35,139 invested. Return on cash invested is 25.21% in year one, and rental yield stands at 9.19% on a $106,000 basis. Equity gained on principal adds $684/yr, and 5% annual appreciation accumulates to $29,286 by year five. Five-year ROI measures 131.39% and total cumulative return in cash reaches $46,168. For financing, Ziffy Mortgage’s DSCR program evaluates $812/mo property income against a $519/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70570, Opelousas, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,009 (100%) |
| Owner Occupied HU | 10,668 (59.2%) |
| Renter Occupied HU | 5,062 (28.1%) |
| Vacant Housing Units | 2,279 (12.7%) |
| Median Home Value | $172,961 |
| Average Home Value | $254,841 |
Housing Distribution
Address Breakdown
Residential
16,636
Single Family
15,941
Multi-Family
695
Businesses
1,138
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