1518 Ames BlvdMarreroLA70072
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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
Rental property for sale in Marrero at 1518 Ames Blvd, Marrero, LA, 70072 priced at $132,500 converts $1,042/mo rent into $221/mo cash flow after a $649/mo obligation. Total monthly income equals $1,042/mo, and annual cash flow totals $2,649/yr on $43,924 invested. Return on cash invested prints 25.94% in year one, and rental yield reads 9.44% against a $132,500 entry. Equity gained on principal adds $855/yr, while 5% annual appreciation compiles into $36,607 by year five. Five-year ROI reaches 135.2% and total cumulative return in cash sums $59,384. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,042/mo property income covering a $649/mo payment, not borrower’s personal income.
Single Family
Built in 1985
5,248 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70072, Marrero, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,976 (100%) |
| Owner Occupied HU | 15,926 (69.3%) |
| Renter Occupied HU | 5,606 (24.4%) |
| Vacant Housing Units | 1,444 ( 6.3%) |
| Median Home Value | $242,947 |
| Average Home Value | $279,908 |
Housing Distribution
Address Breakdown
Residential
22,298
Single Family
21,129
Multi-Family
1,169
Businesses
1,330
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