Potential Profit$74,006
This property is available as a fixer upper at Onstead St. This property features 4 bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Morgan City, specifically for Onstead St and comparable listings. Based on this expert analysis, the estimated market value is $172,895. This has potential equity of $74,006. If purchased for rental purposes, the monthly rental rate could range between $1,181 and $1,600, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $74,006. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Onstead St are updated daily along with others in Morgan City, Louisiana, ensuring you have the most current and accurate information.
Plus with taxes and insurance
Based on 20% down, 30 year mortgage, with 6% APR
All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.
There are 3 schools in the area. Nearby schools include Morgan City High School and Walnut Street Middle School.
There are plenty of activities near this property like Morgan City Library, Morgan City Community Center, and more.
Public transportation options include: Limited bus services operated by the local transit authority., Community shuttle services available for seniors and disabled residents.. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Lake End Park, Patterson Park and more.
Services available in the area include cellular and internet options.
This property in Morgan City, LA is located in the Cypress Gardens Subdivision.
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The estimated rental value for Onstead St located in Morgan City, LA is $1,390/month. Comparable homes around Onstead St that are rentals have monthly ranges starting as low as $1,181 per month and as high as $1,600 per month. An owner looking to use this property as an investment could bring a return in the area of $1,181 - $1,600 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.
| Start Date | End Date | Listing Type | Bank Name |
|---|---|---|---|
| 06/21/25 | Fixer Upper |
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