909 4th St, Morgan City, LA, 70380 | 4.67% Rental Yield

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Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,080/mo, and a $1,360/mo payment. Purchase price stands at $277,800, and rental yield measures 4.67% with $1,080/mo rent. Return on cash invested shows 11.55% in year one, and 5% annual appreciation builds toward $76,751 over five years. Five-year ROI reaches 58.04% and total cumulative return in cash records $53,450. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,080/mo property income covering a $1,360/mo payment rather than investor’s personal income.

Multi Family

Built in N/A

0.80 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70380, Morgan City, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,959 (100%)
Owner Occupied HU	5,645 (56.7%)
Renter Occupied HU	2,703 (27.1%)
Vacant Housing Units	1,611 (16.2%)
Median Home Value	$152,917
Average Home Value	$211,206