142 Star PlBelle 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 142 Star Pl, Belle Chasse, LA, 70037 listed at $284,200 pairs $2,468/mo rent with a $1,391/mo payment to leave $708/mo cash flow. Total monthly income runs $2,468/mo, and annual cash flow reaches $8,490/yr on $94,212 cash to close. Return on cash invested measures 28.92% in year one, and rental yield registers 10.42% at a $284,200 basis. Equity gained on principal adds $1,834/yr, and annual property appreciation at 5% supports $78,519 by year five. Five-year ROI tracks 151.19% and total cumulative return in cash totals $142,435. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,468/mo property income relative to a $1,391/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
5,148 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tracy Calhoun • Compass Westbank (LATT10)
Mls Name: GSREIN
Mls ID: #2532069