1244 Harbor Dr UNIT 318SlidellLA70458
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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
Total monthly income runs $1,162/mo, and a $710/mo payment. Purchase price stands at $145,000, and rental yield measures 9.62% with $1,162/mo rent. Return on cash invested shows 18.45% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 97.98% and total cumulative return in cash records $47,096. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,162/mo property income covering a $710/mo payment rather than investor’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$3,863 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70458, Slidell, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,015 (100%) |
| Owner Occupied HU | 11,890 (66.0%) |
| Renter Occupied HU | 5,061 (28.1%) |
| Vacant Housing Units | 1,064 ( 5.9%) |
| Median Home Value | $249,480 |
| Average Home Value | $278,064 |
Housing Distribution
Address Breakdown
Residential
16,866
Single Family
14,807
Multi-Family
2,059
Businesses
1,542
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Listed by: Darren James • LPT Realty, LLC
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024017077
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. Copyright 2025 ROAM MLS.