1317 Frankel AveMetairieLA70003
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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 Metairie at 1317 Frankel Ave, Metairie, LA, 70003 earns $885/mo cash flow from $2,743/mo rent with a $1,468/mo payment. Total monthly income totals $2,743/mo, and annual cash flow totals $10,620/yr on $99,450 capital. ROI tracks 30.59% on current figures, and rental yield reads 10.97% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 160.1% and total cumulative return in cash sums $159,216. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,743/mo property income instead of your personal income.
Single Family
Built in 1964
6,059 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70003, Metairie, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,181 (100%) |
| Owner Occupied HU | 12,007 (69.9%) |
| Renter Occupied HU | 4,056 (23.6%) |
| Vacant Housing Units | 1,118 ( 6.5%) |
| Median Home Value | $284,249 |
| Average Home Value | $307,002 |
Housing Distribution
Address Breakdown
Residential
16,818
Single Family
14,912
Multi-Family
1,906
Businesses
763
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