115 Early StParadisLA70080
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 115 Early St, Paradis, LA, 70080 in Paradis is listed at $149,000 and delivers $1,410/mo in rent and $487/mo in net monthly cash flow. The 11.36% yield and 2.10 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $41,166 over five years, and $1,372/yr in principal reduction supplements cash return. Total projected cumulative return: $87,868.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 5.5% |
| Monthly Cash Flow | $487 | $420 |
City averages based on Paradis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,410 |
| Total Monthly Debt Service | $864 |
| DSCR Ratio | 1.63x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1958
8,850 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70080, Paradis, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 577 (100%) |
| Owner Occupied HU | 381 (66.0%) |
| Renter Occupied HU | 140 (24.3%) |
| Vacant Housing Units | 56 ( 9.7%) |
| Median Home Value | $176,580 |
| Average Home Value | $241,358 |
Housing Distribution
Address Breakdown
Residential
446
Single Family
446
Multi-Family
0
Businesses
26
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
Townhouse
Built in 1958
8,850 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70080, Paradis, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 577 (100%) |
| Owner Occupied HU | 381 (66.0%) |
| Renter Occupied HU | 140 (24.3%) |
| Vacant Housing Units | 56 ( 9.7%) |
| Median Home Value | $176,580 |
| Average Home Value | $241,358 |
Housing Distribution
Address Breakdown
Residential
446
Single Family
446
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Grant Hebert • LATTER & BLUM (LATT21)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2455481
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