616 Cody StSulphurLA70663
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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 Sulphur at 616 Cody St, Sulphur, LA, 70663 with 5% annual appreciation on a $188,500 basis while $1,680/mo rent supports operations. Total monthly income totals $1,680/mo and a $923/mo payment preserves $512/mo for cash returns. Annual cash flow comes to $6,143/yr on $62,488 deployed, and return on cash invested reaches 29.74% in year one. Equity gained on principal adds $1,216/yr, and five-year appreciation sums $52,079 alongside rental yield of 10.69%. Five-year ROI measures 155.58% and total cumulative return in cash totals $97,221.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,680/mo property income versus a $923/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
9,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70663, Sulphur, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,668 (100%) |
| Owner Occupied HU | 8,090 (63.9%) |
| Renter Occupied HU | 2,944 (23.2%) |
| Vacant Housing Units | 1,634 (12.9%) |
| Median Home Value | $206,411 |
| Average Home Value | $222,076 |
Housing Distribution
Address Breakdown
Residential
12,145
Single Family
11,776
Multi-Family
369
Businesses
875
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Listed by: Rhonda Hamic • eXp Realty, LLC
Mls Name: Greater Southern MLS
Mls ID: #SWL24004004
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.