Prospect V G Plan, Olde TowneThibodauxLA70301
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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 Thibodaux at Prospect V G Plan, Olde Towne, Thibodaux, LA, 70301 uses $70,275 cash to close to unlock $1,301/yr annual cash flow and $108/mo monthly cash flow. Total monthly income runs $1,422/mo, and a $1,038/mo payment keeps the spread at $108/mo. Purchase price stands at $211,990, and rental yield measures 8.05% with $1,422/mo rent. Return on cash invested shows 21.76% in year one, and 5% annual appreciation builds toward $58,569 over five years. Five-year ROI reaches 112.83% and total cumulative return in cash records $79,288. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,422/mo property income covering a $1,038/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70301, Thibodaux, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,759 (100%) |
| Owner Occupied HU | 13,395 (64.5%) |
| Renter Occupied HU | 5,419 (26.1%) |
| Vacant Housing Units | 1,945 ( 9.4%) |
| Median Home Value | $234,273 |
| Average Home Value | $285,685 |
Housing Distribution
Address Breakdown
Residential
20,557
Single Family
18,981
Multi-Family
1,576
Businesses
1,201
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