146 Verret StGolden MeadowLA70357
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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 Golden Meadow at 146 Verret St, Golden Meadow, LA, 70357 offers a 13.75% rental yield on a $137,000 purchase with $1,570/mo rent. Total monthly income registers $1,570/mo, and a $671/mo payment leaves $716/mo available for distribution. Annual cash flow reaches $8,592/yr on $45,416 to close, and return on cash invested stands at 38.83% in year one. Equity gained on principal adds $884/yr while 5% annual appreciation supports $37,851 over five years. Portfolio math shows five-year ROI at 204.36% and total cumulative return in cash at $92,812. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,570/mo property income against a $671/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70357, Golden Meadow, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,416 (100%) |
| Owner Occupied HU | 781 (55.2%) |
| Renter Occupied HU | 267 (18.9%) |
| Vacant Housing Units | 368 (26.0%) |
| Median Home Value | $155,122 |
| Average Home Value | $181,258 |
Housing Distribution
Address Breakdown
Residential
939
Single Family
939
Multi-Family
0
Businesses
155
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Listed by: Brett Terrebonne • KELLER WILLIAMS REALTY 455-0100
Mls Name: GSREIN
Mls Provider:
Mls ID: #2498635
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.