633 Joseph StOpelousasLA70570
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
Investment Highlights
Rental property for sale in Opelousas at 633 Joseph St, Opelousas, LA, 70570 offers $1,103/mo rent that, after a $548/mo payment, leaves $409/mo cash flow. Total monthly income is $1,103/mo, and annual cash flow is $4,913/yr on $37,128 cash. Return on cash invested measures 33.14% in year one, and rental yield stands at 11.82% at a $112,000 entry. Equity gained on principal adds $723/yr while 5% annual appreciation compounds into $30,944 by year five. Five-year ROI records 173.93% and total cumulative return in cash reaches $64,575. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,103/mo property income versus a $548/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
6,534 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices