1004 Grefer AveHarveyLA70058
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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 Harvey at 1004 Grefer Ave, Harvey, LA, 70058 with 5% annual appreciation on a $125,000 basis while $938/mo rent supports operations. Total monthly income totals $938/mo and a $612/mo payment preserves $164/mo for cash returns. Annual cash flow comes to $1,962/yr on $41,438 deployed, and return on cash invested reaches 24.64% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 9%. Five-year ROI measures 128.3% and total cumulative return in cash totals $53,165.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $938/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1941
3,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70058, Harvey, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,473 (100%) |
| Owner Occupied HU | 9,525 (57.8%) |
| Renter Occupied HU | 5,841 (35.5%) |
| Vacant Housing Units | 1,107 ( 6.7%) |
| Median Home Value | $222,383 |
| Average Home Value | $280,517 |
Housing Distribution
Address Breakdown
Residential
15,748
Single Family
13,458
Multi-Family
2,290
Businesses
1,396
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Listed by: Thelma Miller • C-21 Richard Berry & Assoc,Inc
Mls Name: GSREIN
Mls Provider:
Mls ID: #2442747
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