108 Cedar DrBelle 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
Investment property for sale in Belle Chasse at 108 Cedar Dr, Belle Chasse, LA, 70037 with 5% annual appreciation on a $119,000 basis while $950/mo rent supports operations. Total monthly income totals $950/mo and a $582/mo payment preserves $213/mo for cash returns. Annual cash flow comes to $2,560/yr on $39,449 deployed, and return on cash invested reaches 26.4% in year one. Equity gained on principal adds $768/yr, and five-year appreciation sums $32,878 alongside rental yield of 9.58%. Five-year ROI measures 137.72% and total cumulative return in cash totals $54,329.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $950/mo property income versus a $582/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1981
8,500 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: Diana Alfortish • Generations Realty Group, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2441441
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