107 Shirley StBelle 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 107 Shirley St, Belle Chasse, LA, 70037 priced at $450,000 pairs $3,473/mo rent with $685/mo cash flow after a $2,203/mo payment. Total monthly income equals $3,473/mo, and annual cash flow comes to $8,220/yr on $149,175 invested. Return on cash invested is 25.42% in year one, and rental yield stands at 9.26% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 132.39% and total cumulative return in cash reaches $197,490. For financing, Ziffy Mortgage’s DSCR program evaluates $3,473/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 2005
8,400 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: Kelly Cagle • Compass Covington (LATT27)
Mls Name: GSREIN
Mls ID: #2535982