1053 Forest Ridge LoopPearl RiverLA70452
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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
Rental property for sale in Pearl River at 1053 Forest Ridge Loop, Pearl River, LA, 70452 generates $2,148/mo in rent and, after a $1,415/mo payment, leaves $337/mo in cash flow. Total monthly income is $2,148/mo, and annual cash flow is $4,048/yr on $95,804 invested. Return on cash invested sits at 24.13% in year one, and rental yield is 8.92% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 125.63% and total cumulative return in cash sums $120,362. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,148/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
N/A lot
$N/A/sqft
$240 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70452, Pearl River, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,901 (100%) |
| Owner Occupied HU | 4,286 (72.6%) |
| Renter Occupied HU | 1,067 (18.1%) |
| Vacant Housing Units | 548 ( 9.3%) |
| Median Home Value | $257,636 |
| Average Home Value | $259,868 |
Housing Distribution
Address Breakdown
Residential
5,546
Single Family
5,529
Multi-Family
17
Businesses
262
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Listed by: Sonja Pace • ERA Top Agent Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2484334
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