1517 Schnell Dr, Arabi, LA, 70032 | $970/mo Cash Flow

Off market

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Arabi at 1517 Schnell Dr, Arabi, LA, 70032 priced at $272,100 pairs $2,687/mo rent with $970/mo cash flow after a $1,332/mo payment. Total monthly income equals $2,687/mo, and annual cash flow comes to $11,643/yr on $90,201 invested. Return on cash invested is 32.82% in year one, and rental yield stands at 11.85% on a $272,100 basis. Equity gained on principal adds $1,756/yr, and 5% annual appreciation accumulates to $75,176 by year five. Five-year ROI measures 172.24% and total cumulative return in cash reaches $155,364. For financing, Ziffy Mortgage’s DSCR program evaluates $2,687/mo property income against a $1,332/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2019

5,880 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70032, Arabi, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,267 (100%)
Owner Occupied HU	1,383 (61.0%)
Renter Occupied HU	683 (30.1%)
Vacant Housing Units	201 ( 8.9%)
Median Home Value	$230,800
Average Home Value	$267,035