129 Summers StGolden MeadowLA70357
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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 Golden Meadow at 129 Summers St, Golden Meadow, LA, 70357 listed at $150,000 pairs $0/mo rent with a $734/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -2.51% in year one, and rental yield registers 0% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70357, Golden Meadow, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,416 (100%) |
| Owner Occupied HU | 781 (55.2%) |
| Renter Occupied HU | 267 (18.9%) |
| Vacant Housing Units | 368 (26.0%) |
| Median Home Value | $155,122 |
| Average Home Value | $181,258 |
Housing Distribution
Address Breakdown
Residential
939
Single Family
939
Multi-Family
0
Businesses
155
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Lisa Plaisance • Bayou Classic Realty, LLC
Mls Name: ROAM MLS
Mls ID: #2026001306