705 8th 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
Investment property for sale in Mamou at 705 8th St, Mamou, LA, 70554 offers a 10.9% rental yield on a $115,000 purchase with $1,045/mo rent. Total monthly income registers $1,045/mo, and a $563/mo payment leaves $333/mo available for distribution. Annual cash flow reaches $3,990/yr on $38,123 to close, and return on cash invested stands at 30.38% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 159.05% and total cumulative return in cash at $60,633. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,045/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
10,454 sqft 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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