116 Southern CtWestwegoLA70094
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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 Westwego at 116 Southern Ct, Westwego, LA, 70094 generates $2,166/mo in rent and, after a $810/mo payment, leaves $1,141/mo in cash flow. Total monthly income is $2,166/mo, and annual cash flow is $13,690/yr on $54,863 invested. Return on cash invested sits at 44.86% in year one, and rental yield is 15.71% on a $165,500 entry. Equity gained on principal adds $1,068/yr, while 5% annual appreciation builds toward $45,725 over five years. Five-year ROI reaches 236.66% and total cumulative return in cash sums $129,840. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,166/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70094, Westwego, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,153 (100%) |
| Owner Occupied HU | 7,662 (58.3%) |
| Renter Occupied HU | 4,035 (30.7%) |
| Vacant Housing Units | 1,456 (11.1%) |
| Median Home Value | $178,255 |
| Average Home Value | $242,467 |
Housing Distribution
Address Breakdown
Residential
13,007
Single Family
12,126
Multi-Family
881
Businesses
497
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