920 4th StMorgan CityLA70380
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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 Morgan City at 920 4th St, Morgan City, LA, 70380 earns $543/mo cash flow from $1,547/mo rent with a $793/mo payment. Total monthly income totals $1,547/mo, and annual cash flow totals $6,521/yr on $53,703 capital. ROI tracks 32.05% on current figures, and rental yield reads 11.46% at a $162,000 purchase. Equity gained on principal adds $1,045/yr, and 5% annual appreciation supports $44,758 over five years. Five-year ROI reaches 168% and total cumulative return in cash sums $90,221. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,547/mo property income instead of your personal income.
Single Family
Built in N/A
7,405 sqft 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 |
Housing Distribution
Address Breakdown
Residential
8,902
Single Family
8,630
Multi-Family
272
Businesses
897
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Listed by: Elizabeth Picou • Simon Real Estate, LLC
Mls Name: My State MLS
Mls ID: #11581966