112 Iota StBelle ChasseLA70037
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 112 Iota St, Belle Chasse, LA, 70037 earns $247/mo cash flow from $1,938/mo rent with a $1,336/mo payment. Total monthly income totals $1,938/mo, and annual cash flow totals $2,967/yr on $90,466 capital. ROI tracks 23.19% on current figures, and rental yield reads 8.52% at a $272,900 purchase. Equity gained on principal adds $1,761/yr, and 5% annual appreciation supports $75,397 over five years. Five-year ROI reaches 120.48% and total cumulative return in cash sums $108,996. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,938/mo property income instead of your personal income.
Single Family
Built in 1975
8,041 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: Pauline Nguyen • NOLA Living Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2479964
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