105 Norton AveArabiLA70032
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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 Arabi at 105 Norton Ave, Arabi, LA, 70032 uses $74,588 cash to close to unlock $2,226/yr annual cash flow and $186/mo monthly cash flow. Total monthly income runs $1,579/mo, and a $1,101/mo payment keeps the spread at $186/mo. Purchase price stands at $225,000, and rental yield measures 8.42% with $1,579/mo rent. Return on cash invested shows 22.89% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 118.87% and total cumulative return in cash records $88,665. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,579/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 2008
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70032, Arabi, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,267 (100%) |
| Owner Occupied HU | 1,383 (61.0%) |
| Renter Occupied HU | 683 (30.1%) |
| Vacant Housing Units | 201 ( 8.9%) |
| Median Home Value | $230,800 |
| Average Home Value | $267,035 |
Housing Distribution
Address Breakdown
Residential
2,351
Single Family
2,316
Multi-Family
35
Businesses
227
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