154 Old Mill LoopPearl RiverLA70452
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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 Pearl River at 154 Old Mill Loop, Pearl River, LA, 70452 uses $112,710 cash to close to unlock $504/yr annual cash flow and $42/mo monthly cash flow. Total monthly income runs $2,148/mo, and a $1,664/mo payment keeps the spread at $42/mo. Purchase price stands at $340,000, and rental yield measures 7.58% with $2,148/mo rent. Return on cash invested shows 20.36% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 105.24% and total cumulative return in cash records $118,614. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,148/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70452, Pearl River, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,901 (100%) |
| Owner Occupied HU | 4,286 (72.6%) |
| Renter Occupied HU | 1,067 (18.1%) |
| Vacant Housing Units | 548 ( 9.3%) |
| Median Home Value | $257,636 |
| Average Home Value | $259,868 |
Housing Distribution
Address Breakdown
Residential
5,546
Single Family
5,529
Multi-Family
17
Businesses
262
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Listed by: Peggy Newcomb • Compass Slidell (LATT14)
Mls Name: GSREIN
Mls ID: #2524112