150 Forest DrBelle ChasseLA70037
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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 Belle Chasse at 150 Forest Dr, Belle Chasse, LA, 70037 offers a 11.82% rental yield on a $274,900 purchase with $2,708/mo rent. Total monthly income registers $2,708/mo, and a $1,346/mo payment leaves $1,006/mo available for distribution. Annual cash flow reaches $12,068/yr on $91,129 to close, and return on cash invested stands at 33.15% in year one. Equity gained on principal adds $1,774/yr while 5% annual appreciation supports $75,950 over five years. Portfolio math shows five-year ROI at 173.86% and total cumulative return in cash at $158,439. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,708/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70037, Belle Chasse, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,100 (100%) |
| Owner Occupied HU | 3,816 (62.6%) |
| Renter Occupied HU | 1,832 (30.0%) |
| Vacant Housing Units | 452 ( 7.4%) |
| Median Home Value | $403,320 |
| Average Home Value | $428,728 |
Housing Distribution
Address Breakdown
Residential
6,817
Single Family
6,719
Multi-Family
98
Businesses
754
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Listed by: Bonnie Buras • CBTEC BELLE CHASSE
Mls Name: GSREIN
Mls ID: #2538076