1405 Madison St, Metairie, LA, 70001 | $340/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Metairie at 1405 Madison St, Metairie, LA, 70001 generates $1,517/mo in rent and, after a $930/mo payment, leaves $340/mo in cash flow. Total monthly income is $1,517/mo, and annual cash flow is $4,080/yr on $62,985 invested. Return on cash invested sits at 26.39% in year one, and rental yield is 9.58% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 137.58% and total cumulative return in cash sums $86,652. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,517/mo property income rather than buyer’s personal income.

Single Family

Built in 1966

6,000 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70001, Metairie, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,123 (100%)
Owner Occupied HU	8,964 (44.5%)
Renter Occupied HU	9,454 (47.0%)
Vacant Housing Units	1,705 ( 8.5%)
Median Home Value	$339,838
Average Home Value	$407,426