Zip Code 70344 — Houma, LA
🟢STRONG— excellent cash flow marketCap Rate
8.4%
Monthly Cash Flow
+$185
Median Home Price
$111,201
DSCR
1.31
🏠 Fair Market Rents
- Studio
- $600/mo
- 1 Bedroom
- $710/mo
- 2 Bedroom
- $890/mo
- 3 Bedroom
- $1,140/mo
- 4 Bedroom
- $1,290/mo
📊 Investment Metrics
- Cap Rate
- 8.4%
- Cash-on-Cash Return
- 8.7%
- Price-to-Rent Ratio
- 8.1
- 1% Rule
- 1.03%
- Gross Rent Multiplier
- 8.1
- Vacancy Rate
- 8.0%
📋 Assumptions Used
20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
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