101 Good News AveBelle ChasseLA70037
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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 Belle Chasse at 101 Good News Ave, Belle Chasse, LA, 70037 at $400,000 posts ROI 19.05% with from $2,383/mo rent. Total monthly income equals $2,383/mo. Return on cash invested measures 19.05% and rental yield reads 7.15% at the current $400,000. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 by year five. Five-year ROI prints 98.23% and total cumulative return in cash totals $130,252. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,383/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
1,562 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70037, Belle Chasse, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,100 (100%) |
| Owner Occupied HU | 3,816 (62.6%) |
| Renter Occupied HU | 1,832 (30.0%) |
| Vacant Housing Units | 452 ( 7.4%) |
| Median Home Value | $403,320 |
| Average Home Value | $428,728 |
Housing Distribution
Address Breakdown
Residential
6,817
Single Family
6,719
Multi-Family
98
Businesses
754
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Listed by: Nycholl Miller • NOLA Living Realty
Mls Name: GSREIN
Mls ID: #2516926