1425 Orchid DrHarveyLA70058
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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
Rental property for sale in Harvey at 1425 Orchid Dr, Harvey, LA, 70058 priced at $127,090 converts $1,010/mo rent into $215/mo cash flow after a $622/mo obligation. Total monthly income equals $1,010/mo, and annual cash flow totals $2,576/yr on $42,130 invested. Return on cash invested prints 26.02% in year one, and rental yield reads 9.54% against a $127,090 entry. Equity gained on principal adds $820/yr, while 5% annual appreciation compiles into $35,113 by year five. Five-year ROI reaches 135.75% and total cumulative return in cash sums $57,193. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,010/mo property income covering a $622/mo payment, not borrower’s personal income.
Single Family
Built in 1971
4,978 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70058, Harvey, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,473 (100%) |
| Owner Occupied HU | 9,525 (57.8%) |
| Renter Occupied HU | 5,841 (35.5%) |
| Vacant Housing Units | 1,107 ( 6.7%) |
| Median Home Value | $222,383 |
| Average Home Value | $280,517 |
Housing Distribution
Address Breakdown
Residential
15,748
Single Family
13,458
Multi-Family
2,290
Businesses
1,396
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Listed by: Chip Julien • Donald Julien & Associates, Inc.
Mls Name: GSREIN
Mls Provider:
Mls ID: #2500271
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