118 Ravey StBelle ChasseLA70037
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
Investment Highlights
Investment property for sale in Belle Chasse at 118 Ravey St, Belle Chasse, LA, 70037 at $294,000 posts ROI 22.41% with $203/mo cash flow from $2,024/mo rent. Total monthly income equals $2,024/mo, and annual cash flow records $2,434/yr on $97,461 to close. Return on cash invested measures 22.41% and rental yield reads 8.26% at the current $294,000. Equity gained on principal adds $1,897/yr, and 5% annual appreciation supports $81,227 by year five. Five-year ROI prints 116.24% and total cumulative return in cash totals $113,292.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,024/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
5,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70037, Belle Chasse, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,100 (100%) |
| Owner Occupied HU | 3,816 (62.6%) |
| Renter Occupied HU | 1,832 (30.0%) |
| Vacant Housing Units | 452 ( 7.4%) |
| Median Home Value | $403,320 |
| Average Home Value | $428,728 |
Housing Distribution
Address Breakdown
Residential
6,817
Single Family
6,719
Multi-Family
98
Businesses
754
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Listed by: Diana Alfortish • Generations Realty Group, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2496145
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.