1498 Spanish Lakes AveSaint GabrielLA70776
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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 Saint Gabriel at 1498 Spanish Lakes Ave, Saint Gabriel, LA, 70776 listed at $239,900 pairs $1,916/mo rent with a $1,174/mo payment to leave $430/mo cash flow. Total monthly income runs $1,916/mo, and annual cash flow reaches $5,162/yr on $79,527 cash to close. Return on cash invested measures 26.4% in year one, and rental yield registers 9.58% at a $239,900 basis. Equity gained on principal adds $1,548/yr, and annual property appreciation at 5% supports $66,280 by year five. Five-year ROI tracks 137.7% and total cumulative return in cash totals $109,507. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,916/mo property income relative to a $1,174/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2011
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70776, Saint Gabriel, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,765 (100%) |
| Owner Occupied HU | 1,323 (75.0%) |
| Renter Occupied HU | 300 (17.0%) |
| Vacant Housing Units | 142 ( 8.0%) |
| Median Home Value | $315,530 |
| Average Home Value | $323,262 |
Housing Distribution
Address Breakdown
Residential
1,528
Single Family
1,376
Multi-Family
152
Businesses
134
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Listed by: Russ Vegas • Blue Heron Realty
Mls Name: ROAM MLS
Mls ID: #2025012737