1040 Cohen StMarreroLA70072
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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 Marrero at 1040 Cohen St, Marrero, LA, 70072 earns $732/mo cash flow from $1,920/mo rent with a $939/mo payment. Total monthly income totals $1,920/mo, and annual cash flow totals $8,778/yr on $63,615 capital. ROI tracks 33.71% on current figures, and rental yield reads 12.01% at a $191,900 purchase. Equity gained on principal adds $1,238/yr, and 5% annual appreciation supports $53,018 over five years. Five-year ROI reaches 176.88% and total cumulative return in cash sums $112,521. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Multi Family
Built in 1970
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70072, Marrero, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,976 (100%) |
| Owner Occupied HU | 15,926 (69.3%) |
| Renter Occupied HU | 5,606 (24.4%) |
| Vacant Housing Units | 1,444 ( 6.3%) |
| Median Home Value | $242,947 |
| Average Home Value | $279,908 |
Housing Distribution
Address Breakdown
Residential
22,298
Single Family
21,129
Multi-Family
1,169
Businesses
1,330
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Listed by: Curtis Pettigrew • C-21 Richard Berry & Assoc,Inc
Mls Name: GSREIN
Mls Provider:
Mls ID: #2476748
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