132 Smith LnGrand IsleLA70358
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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 Grand Isle at 132 Smith Ln, Grand Isle, LA, 70358 at $375,000 posts ROI 21.86% with $203/mo cash flow from $2,525/mo rent. Total monthly income equals $2,525/mo, and annual cash flow records $2,430/yr on $124,313 to close. Return on cash invested measures 21.86% and rental yield reads 8.08% at the current $375,000. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 by year five. Five-year ROI prints 113.34% and total cumulative return in cash totals $140,895.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,525/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1986
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70358, Grand Isle, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,776 (100%) |
| Owner Occupied HU | 348 (19.6%) |
| Renter Occupied HU | 85 ( 4.8%) |
| Vacant Housing Units | 1,343 (75.6%) |
| Median Home Value | $288,509 |
| Average Home Value | $291,667 |
Housing Distribution
Address Breakdown
Residential
63
Single Family
63
Multi-Family
0
Businesses
60
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Nearby investment properties with comparable prices
Listed by: Sadie Galiano • Island Realty
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024005764
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. Copyright 2025 ROAM MLS.