150 Circle AveGrand IsleLA70358
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 150 Circle Ave, Grand Isle, LA, 70358 in Grand Isle delivers $1,329/mo in gross rent and $245/mo in net monthly income at a $175,000 entry. The 9.11% yield and 1.69 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $48,349 over five years and $1,612/yr in equity from loan paydown, total projected return is $82,149.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.5% |
| Monthly Cash Flow | $245 | $300 |
City averages based on Grand Isle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,329 |
| Total Monthly Debt Service | $1,014 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2006
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70358, Grand Isle, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,776 (100%) |
| Owner Occupied HU | 348 (19.6%) |
| Renter Occupied HU | 85 ( 4.8%) |
| Vacant Housing Units | 1,343 (75.6%) |
| Median Home Value | $288,509 |
| Average Home Value | $291,667 |
Housing Distribution
Address Breakdown
Residential
63
Single Family
63
Multi-Family
0
Businesses
60
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
Manufactured
Built in 2006
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70358, Grand Isle, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,776 (100%) |
| Owner Occupied HU | 348 (19.6%) |
| Renter Occupied HU | 85 ( 4.8%) |
| Vacant Housing Units | 1,343 (75.6%) |
| Median Home Value | $288,509 |
| Average Home Value | $291,667 |
Housing Distribution
Address Breakdown
Residential
63
Single Family
63
Multi-Family
0
Businesses
60
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beverly Curole • COASTAL REALTY GROUP
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024018976
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. Copyright 2025 ROAM MLS.