14159 Highway 23Belle ChasseLA70037
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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 Belle Chasse at 14159 Highway 23, Belle Chasse, LA, 70037 uses $107,738 cash to close to unlock $3,102/yr annual cash flow and $259/mo monthly cash flow. Total monthly income runs $2,272/mo, and a $1,591/mo payment keeps the spread at $259/mo. Purchase price stands at $325,000, and rental yield measures 8.39% with $2,272/mo rent. Return on cash invested shows 22.79% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 118.31% and total cumulative return in cash records $127,465. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,272/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1975
1.20 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: Bonnie Buras • CBTEC BELLE CHASSE
Mls Name: GSREIN
Mls ID: #2443890