121 Langridge DrBelle ChasseLA70037
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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 Belle Chasse at 121 Langridge Dr, Belle Chasse, LA, 70037 offers $2,986/mo rent that, after a $2,105/mo payment, leaves $322/mo cash flow. Total monthly income is $2,986/mo, and annual cash flow is $3,864/yr on $142,545 cash. Return on cash invested measures 22.62% in year one, and rental yield stands at 8.33% at a $430,000 entry. Equity gained on principal adds $2,775/yr while 5% annual appreciation compounds into $118,801 by year five. Five-year ROI records 117.39% and total cumulative return in cash reaches $167,331. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,986/mo property income versus a $2,105/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.39 Acres 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: Shannon Chedville • Royal Krewe Realty
Mls Name: GSREIN
Mls ID: #2526873