122 Forest DrBelle 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 122 Forest Dr, Belle Chasse, LA, 70037 at $199,000 posts ROI 26.32% with $352/mo cash flow from $1,585/mo rent. Total monthly income equals $1,585/mo, and annual cash flow records $4,228/yr on $65,969 to close. Return on cash invested measures 26.32% and rental yield reads 9.56% at the current $199,000. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 by year five. Five-year ROI prints 137.26% and total cumulative return in cash totals $90,546.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,585/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1998
0.37 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: Bonnie Buras • CBTEC BELLE CHASSE
Mls Name: GSREIN
Mls Provider:
Mls ID: #2480027
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