114 Lartique 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
Investment property for sale in Belle Chasse at 114 Lartique St, Belle Chasse, LA, 70037 uses $82,875 cash to close to unlock $7,716/yr annual cash flow and $643/mo monthly cash flow. Total monthly income runs $2,192/mo, and a $1,224/mo payment keeps the spread at $643/mo. Purchase price stands at $250,000, and rental yield measures 10.52% with $2,192/mo rent. Return on cash invested shows 29.22% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 152.76% and total cumulative return in cash records $126,598. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,192/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Multi Family
Built in 1973
8,120 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: #2535972