106 Grand Oaks CtBelle 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
Rental property for sale in Belle Chasse at 106 Grand Oaks Ct, Belle Chasse, LA, 70037 priced at $499,900 pairs $2,882/mo rent with after a $2,447/mo payment. Total monthly income equals $2,882/mo. Return on cash invested is 18.32% in year one, and rental yield stands at 6.92% on a $499,900 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,113 by year five. Five-year ROI measures 94.34% and total cumulative return in cash reaches $156,336. For financing, Ziffy Mortgage’s DSCR program evaluates $2,882/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
0.27 Acres lot
$N/A/sqft
$50 annually 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: Diana Alfortish • Generations Realty Group, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2497322
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.