1504 Swan CtGretnaLA70056
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
Investment Highlights
Investment property for sale in Gretna at 1504 Swan Ct, Gretna, LA, 70056 uses $72,930 cash to close to unlock $1,908/yr annual cash flow and $159/mo monthly cash flow. Total monthly income runs $1,522/mo, and a $1,077/mo payment keeps the spread at $159/mo. Purchase price stands at $220,000, and rental yield measures 8.3% with $1,522/mo rent. Return on cash invested shows 22.53% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 116.86% and total cumulative return in cash records $85,223. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,522/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1987
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70056, Gretna, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,069 (100%) |
| Owner Occupied HU | 8,668 (53.9%) |
| Renter Occupied HU | 6,434 (40.0%) |
| Vacant Housing Units | 967 ( 6.0%) |
| Median Home Value | $255,596 |
| Average Home Value | $301,359 |
Housing Distribution
Address Breakdown
Residential
15,667
Single Family
11,692
Multi-Family
3,975
Businesses
1,094
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Listed by: Kelley Levy • NextHome Premier Realtors
Mls Name: GSREIN
Mls Provider:
Mls ID: #2484222
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