14116 Highway 23Belle ChasseLA70037
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
Investment Highlights
Investment property for sale in Belle Chasse at 14116 Highway 23, Belle Chasse, LA, 70037 uses $130,943 cash to close to unlock $8,730/yr annual cash flow and $728/mo monthly cash flow. Total monthly income runs $3,174/mo, and a $1,933/mo payment keeps the spread at $728/mo. Purchase price stands at $395,000, and rental yield measures 9.64% with $3,174/mo rent. Return on cash invested shows 26.58% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 138.61% and total cumulative return in cash records $181,494. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,174/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Single Family
Built in 1973
2.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70037, Belle Chasse, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,100 (100%) |
| Owner Occupied HU | 3,816 (62.6%) |
| Renter Occupied HU | 1,832 (30.0%) |
| Vacant Housing Units | 452 ( 7.4%) |
| Median Home Value | $403,320 |
| Average Home Value | $428,728 |
Housing Distribution
Address Breakdown
Residential
6,817
Single Family
6,719
Multi-Family
98
Businesses
754
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Listed by: Bobby Lauricella • Keller Williams Realty Premier Partners
Mls Name: GSREIN
Mls ID: #2537205