733 Dejean StWashingtonLA70589
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 733 Dejean St, Washington, LA, 70589 in Washington is narrow, $62/mo net on $1,208/mo rent after the $832/mo debt service, but the property operates at break-even-plus, not a loss. At $185,000 with a 7.84% yield, the long-run equity case via 5% appreciation ($51,112 over five years) and $1,704/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.45 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $74,153.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 7.2% |
| Monthly Cash Flow | $62 | $550 |
City averages based on Washington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,208 |
| Total Monthly Debt Service | $1,072 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70589, Washington, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,710 (100%) |
| Owner Occupied HU | 1,152 (67.4%) |
| Renter Occupied HU | 304 (17.8%) |
| Vacant Housing Units | 254 (14.9%) |
| Median Home Value | $165,446 |
| Average Home Value | $308,236 |
Housing Distribution
Address Breakdown
Residential
1,234
Single Family
1,234
Multi-Family
0
Businesses
67
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
Single Family
Built in N/A
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70589, Washington, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,710 (100%) |
| Owner Occupied HU | 1,152 (67.4%) |
| Renter Occupied HU | 304 (17.8%) |
| Vacant Housing Units | 254 (14.9%) |
| Median Home Value | $165,446 |
| Average Home Value | $308,236 |
Housing Distribution
Address Breakdown
Residential
1,234
Single Family
1,234
Multi-Family
0
Businesses
67
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chantelle P Cormier • Keller Williams Realty Acadiana
Mls Name: RAA
Mls ID: #2500006056