115 Lakeview StPierre PartLA70339
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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 Pierre Part at 115 Lakeview St, Pierre Part, LA, 70339 priced at $349,000 converts $0/mo rent into after a $1,708/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.51% in year one, and rental yield reads 0% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Single Family
Built in 2013
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70339, Pierre Part, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,070 (100%) |
| Owner Occupied HU | 1,942 (63.3%) |
| Renter Occupied HU | 334 (10.9%) |
| Vacant Housing Units | 794 (25.9%) |
| Median Home Value | $211,905 |
| Average Home Value | $237,374 |
Housing Distribution
Address Breakdown
Residential
2,338
Single Family
2,307
Multi-Family
31
Businesses
103
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Melissa Russo • eXp Realty
Mls Name: ROAM MLS
Mls ID: #2025022941