1537 Kings RdHarveyLA70058
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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 Harvey at 1537 Kings Rd, Harvey, LA, 70058 at $135,000 posts ROI 26.22% with $236/mo cash flow from $1,072/mo rent. Total monthly income equals $1,072/mo, and annual cash flow records $2,826/yr on $44,753 to close. Return on cash invested measures 26.22% and rental yield reads 9.53% at the current $135,000. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 by year five. Five-year ROI prints 136.78% and total cumulative return in cash totals $61,213.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,072/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1991
2,286 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70058, Harvey, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,473 (100%) |
| Owner Occupied HU | 9,525 (57.8%) |
| Renter Occupied HU | 5,841 (35.5%) |
| Vacant Housing Units | 1,107 ( 6.7%) |
| Median Home Value | $222,383 |
| Average Home Value | $280,517 |
Housing Distribution
Address Breakdown
Residential
15,748
Single Family
13,458
Multi-Family
2,290
Businesses
1,396
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Listed by: Jeanell Larry • N'Awlins Realty Boutique, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2496525
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.