126 Verret StPierre PartLA70339
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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 Pierre Part at 126 Verret St, Pierre Part, LA, 70339 offers a 9.36% rental yield on a $197,000 purchase with $1,537/mo rent. Total monthly income registers $1,537/mo, and a $964/mo payment leaves $317/mo available for distribution. Annual cash flow reaches $3,803/yr on $65,306 to close, and return on cash invested stands at 25.73% in year one. Equity gained on principal adds $1,271/yr while 5% annual appreciation supports $54,427 over five years. Portfolio math shows five-year ROI at 134.07% and total cumulative return in cash at $87,554. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,537/mo property income against a $964/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70339, Pierre Part, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,070 (100%) |
| Owner Occupied HU | 1,942 (63.3%) |
| Renter Occupied HU | 334 (10.9%) |
| Vacant Housing Units | 794 (25.9%) |
| Median Home Value | $211,905 |
| Average Home Value | $237,374 |
Housing Distribution
Address Breakdown
Residential
2,338
Single Family
2,307
Multi-Family
31
Businesses
103
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Listed by: Melia Montet • Hospitality Realty
Mls Name: GSREIN
Mls ID: #2528120