1205 Taft ParkMetairieLA70001
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
Rental property for sale in Metairie at 1205 Taft Park, Metairie, LA, 70001 offers $2,051/mo rent that, after a $1,630/mo payment. Total monthly income is $2,051/mo. Return on cash invested measures 19.78% in year one, and rental yield stands at 7.39% at a $333,000 entry. Equity gained on principal adds $2,149/yr while 5% annual appreciation compounds into $92,002 by year five. Five-year ROI records 102.2% and total cumulative return in cash reaches $112,817. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,051/mo property income versus a $1,630/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
5,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70001, Metairie, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,123 (100%) |
| Owner Occupied HU | 8,964 (44.5%) |
| Renter Occupied HU | 9,454 (47.0%) |
| Vacant Housing Units | 1,705 ( 8.5%) |
| Median Home Value | $339,838 |
| Average Home Value | $407,426 |
Housing Distribution
Address Breakdown
Residential
19,374
Single Family
13,074
Multi-Family
6,300
Businesses
1,480
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wanda Rogers • ERA Top Agent Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2496453
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.