613 East StMamouLA70554
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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 Mamou at 613 East St, Mamou, LA, 70554 offers $990/mo rent that, after a $734/mo payment, leaves $61/mo cash flow. Total monthly income is $990/mo, and annual cash flow is $732/yr on $49,725 cash. Return on cash invested measures 21.38% in year one, and rental yield stands at 7.92% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 110.76% and total cumulative return in cash reaches $55,074. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $990/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70554, Mamou, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,896 (100%) |
| Owner Occupied HU | 1,532 (52.9%) |
| Renter Occupied HU | 1,019 (35.2%) |
| Vacant Housing Units | 345 (11.9%) |
| Median Home Value | $120,742 |
| Average Home Value | $163,029 |
Housing Distribution
Address Breakdown
Residential
2,472
Single Family
2,410
Multi-Family
62
Businesses
184
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