101 Gerald StPierre PartLA70339
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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 Pierre Part at 101 Gerald St, Pierre Part, LA, 70339 with 5% annual appreciation on a $129,000 basis while $1,176/mo rent supports operations. Total monthly income totals $1,176/mo and a $631/mo payment preserves $377/mo for cash returns. Annual cash flow comes to $4,528/yr on $42,764 deployed, and return on cash invested reaches 30.5% in year one. Equity gained on principal adds $832/yr, and five-year appreciation sums $35,640 alongside rental yield of 10.94%. Five-year ROI measures 159.7% and total cumulative return in cash totals $68,293.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,176/mo property income versus a $631/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70339, Pierre Part, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,070 (100%) |
| Owner Occupied HU | 1,942 (63.3%) |
| Renter Occupied HU | 334 (10.9%) |
| Vacant Housing Units | 794 (25.9%) |
| Median Home Value | $211,905 |
| Average Home Value | $237,374 |
Housing Distribution
Address Breakdown
Residential
2,338
Single Family
2,307
Multi-Family
31
Businesses
103
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Listed by: Emily Skiles • Simon Real Estate, LLC
Mls Name: My State MLS
Mls ID: #11084939