137 Edna DrDes AllemandsLA70030
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 137 Edna Dr, Des Allemands, LA, 70030 in Des Allemands fits: $510,000, 4.8% gross yield, and a projected 5% annual appreciation rate adding $140,904 in value within five years. Rental yield 4.8%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.89) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $4,697/yr in principal paydown and $140,904 in appreciation project a total return of $120,899.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 7.0% |
| Monthly Cash Flow | $(1,128) | $450 |
City averages based on Des Allemands market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,040 |
| Total Monthly Debt Service | $2,965 |
| DSCR Ratio | 0.69x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2001
0.60 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70030, Des Allemands, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 1,442 (76.7%) |
| Renter Occupied HU | 212 (11.3%) |
| Vacant Housing Units | 227 (12.1%) |
| Median Home Value | $314,192 |
| Average Home Value | $289,690 |
Housing Distribution
Address Breakdown
Residential
1,542
Single Family
1,542
Multi-Family
0
Businesses
44
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
Single Family
Built in 2001
0.60 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70030, Des Allemands, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 1,442 (76.7%) |
| Renter Occupied HU | 212 (11.3%) |
| Vacant Housing Units | 227 (12.1%) |
| Median Home Value | $314,192 |
| Average Home Value | $289,690 |
Housing Distribution
Address Breakdown
Residential
1,542
Single Family
1,542
Multi-Family
0
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kris Harrell • LATTER & BLUM (LATT21)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2497707
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.