117 Mulberry LnGrand IsleLA70358
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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 Grand Isle at 117 Mulberry Ln, Grand Isle, LA, 70358 generates $1,671/mo in rent and, after a $1,224/mo payment, leaves $122/mo in cash flow. Total monthly income is $1,671/mo, and annual cash flow is $1,464/yr on $82,875 invested. Return on cash invested sits at 21.68% in year one, and rental yield is 8.02% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 112.32% and total cumulative return in cash sums $93,082. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,671/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
7,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70358, Grand Isle, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,776 (100%) |
| Owner Occupied HU | 348 (19.6%) |
| Renter Occupied HU | 85 ( 4.8%) |
| Vacant Housing Units | 1,343 (75.6%) |
| Median Home Value | $288,509 |
| Average Home Value | $291,667 |
Housing Distribution
Address Breakdown
Residential
63
Single Family
63
Multi-Family
0
Businesses
60
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Listed by: Seth Dufrene • 1 Percent Lists United
Mls Name: GSREIN
Mls Provider:
Mls ID: #2401924
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