116 Bayou Paquet StSlidellLA70460
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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
Rental property for sale in Slidell at 116 Bayou Paquet St, Slidell, LA, 70460 priced at $175,000 pairs $1,318/mo rent with $234/mo cash flow after a $857/mo payment. Total monthly income equals $1,318/mo, and annual cash flow comes to $2,802/yr on $58,013 invested. Return on cash invested is 24.74% in year one, and rental yield stands at 9.04% on a $175,000 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 128.78% and total cumulative return in cash reaches $74,707. For financing, Ziffy Mortgage’s DSCR program evaluates $1,318/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2008
1.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70460, Slidell, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,824 (100%) |
| Owner Occupied HU | 6,870 (69.9%) |
| Renter Occupied HU | 2,314 (23.6%) |
| Vacant Housing Units | 640 ( 6.5%) |
| Median Home Value | $215,235 |
| Average Home Value | $269,710 |
Housing Distribution
Address Breakdown
Residential
9,301
Single Family
8,744
Multi-Family
557
Businesses
527
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Listed by: Spencer Rossie • Century 21 J. Carter & Company
Mls Name: GSREIN
Mls Provider:
Mls ID: #2505077
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.