903 Kim StSulphurLA70663
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 Sulphur at 903 Kim St, Sulphur, LA, 70663 priced at $134,900 converts $1,047/mo rent into $212/mo cash flow after a $660/mo obligation. Total monthly income equals $1,047/mo, and annual cash flow totals $2,540/yr on $44,719 invested. Return on cash invested prints 25.59% in year one, and rental yield reads 9.31% against a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation compiles into $37,270 by year five. Five-year ROI reaches 133.35% and total cumulative return in cash sums $59,633. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,047/mo property income covering a $660/mo payment, not borrower’s personal income.
Single Family
Built in 1996
0.51 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin Babineaux • The Real Estate Brokerage
Mls Name: Greater Southern MLS
Mls ID: #SWL24006199
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.