1435 S Meadow StMetairieLA70003
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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 Metairie at 1435 S Meadow St, Metairie, LA, 70003 uses $39,780 cash to close to unlock $2,268/yr annual cash flow and $189/mo monthly cash flow. Total monthly income runs $932/mo, and a $587/mo payment keeps the spread at $189/mo. Purchase price stands at $120,000, and rental yield measures 9.32% with $932/mo rent. Return on cash invested shows 25.61% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 133.38% and total cumulative return in cash records $53,059. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $932/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1975
4,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70003, Metairie, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,181 (100%) |
| Owner Occupied HU | 12,007 (69.9%) |
| Renter Occupied HU | 4,056 (23.6%) |
| Vacant Housing Units | 1,118 ( 6.5%) |
| Median Home Value | $284,249 |
| Average Home Value | $307,002 |
Housing Distribution
Address Breakdown
Residential
16,818
Single Family
14,912
Multi-Family
1,906
Businesses
763
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