127 Otto StWestwegoLA70094
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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
Investment property for sale in Westwego at 127 Otto St, Westwego, LA, 70094 offers a 10.16% rental yield on a $218,500 purchase with $1,850/mo rent. Total monthly income registers $1,850/mo, and a $1,069/mo payment leaves $497/mo available for distribution. Annual cash flow reaches $5,963/yr on $72,433 to close, and return on cash invested stands at 28.14% in year one. Equity gained on principal adds $1,410/yr while 5% annual appreciation supports $60,368 over five years. Portfolio math shows five-year ROI at 146.99% and total cumulative return in cash at $106,472. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,850/mo property income against a $1,069/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70094, Westwego, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,153 (100%) |
| Owner Occupied HU | 7,662 (58.3%) |
| Renter Occupied HU | 4,035 (30.7%) |
| Vacant Housing Units | 1,456 (11.1%) |
| Median Home Value | $178,255 |
| Average Home Value | $242,467 |
Housing Distribution
Address Breakdown
Residential
13,007
Single Family
12,126
Multi-Family
881
Businesses
497
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Listed by: Bilal Zughayer • Bilal A. Zughayer
Mls Name: GSREIN
Mls Provider:
Mls ID: #2495345
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.