702 Coulon RdThibodauxLA70301
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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 Thibodaux at 702 Coulon Rd, Thibodaux, LA, 70301 priced at $168,200 pairs $1,080/mo rent with $38/mo cash flow after a $823/mo payment. Total monthly income equals $1,080/mo, and annual cash flow comes to $460/yr on $55,758 invested. Return on cash invested is 20.73% in year one, and rental yield stands at 7.71% on a $168,200 basis. Equity gained on principal adds $1,085/yr, and 5% annual appreciation accumulates to $46,471 by year five. Five-year ROI measures 107.32% and total cumulative return in cash reaches $59,840. For financing, Ziffy Mortgage’s DSCR program evaluates $1,080/mo property income against a $823/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70301, Thibodaux, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,759 (100%) |
| Owner Occupied HU | 13,395 (64.5%) |
| Renter Occupied HU | 5,419 (26.1%) |
| Vacant Housing Units | 1,945 ( 9.4%) |
| Median Home Value | $234,273 |
| Average Home Value | $285,685 |
Housing Distribution
Address Breakdown
Residential
20,557
Single Family
18,981
Multi-Family
1,576
Businesses
1,201
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