12853 Highway 23Belle 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 12853 Highway 23, Belle Chasse, LA, 70037 earns $302/mo cash flow from $2,408/mo rent with a $1,664/mo payment. Total monthly income totals $2,408/mo, and annual cash flow totals $3,624/yr on $112,710 capital. ROI tracks 23.12% on current figures, and rental yield reads 8.5% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 120.08% and total cumulative return in cash sums $135,342. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,408/mo property income instead of your personal income.
Single Family
Built in 2002
1 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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Nearby investment properties with comparable prices
Listed by: Michelle Kass • Compass Westbank (LATT10)
Mls Name: GSREIN
Mls ID: #2516193