136 Rappelet St #BGolden 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
Rental property for sale in Golden Meadow at 136 Rappelet St #B, Golden Meadow, LA, 70357 offers $0/mo rent that, after a $1,689/mo payment. Total monthly income is $0/mo. Return on cash invested measures -2.52% in year one, and rental yield stands at 0% at a $345,000 entry. Equity gained on principal adds $2,226/yr while 5% annual appreciation compounds into $95,317 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,689/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
2,178 sqft 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: Sadie Galiano • Island Realty
Mls Name: ROAM MLS
Mls ID: #2025012835