110 Alexander PlArabiLA70032
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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 Arabi at 110 Alexander Pl, Arabi, LA, 70032 priced at $349,900 pairs $2,767/mo rent with $599/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,767/mo, and annual cash flow comes to $7,190/yr on $115,992 invested. Return on cash invested is 26.11% in year one, and rental yield stands at 9.49% on a $349,900 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,671 by year five. Five-year ROI measures 136.12% and total cumulative return in cash reaches $157,890. For financing, Ziffy Mortgage’s DSCR program evaluates $2,767/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
N/A 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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