159 S Cherrywood LnPearl 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
Rental property for sale in Pearl River at 159 S Cherrywood Ln, Pearl River, LA, 70452 priced at $117,500 converts $934/mo rent into $206/mo cash flow after a $575/mo obligation. Total monthly income equals $934/mo, and annual cash flow totals $2,475/yr on $38,951 invested. Return on cash invested prints 26.26% in year one, and rental yield reads 9.54% against a $117,500 entry. Equity gained on principal adds $758/yr, while 5% annual appreciation compiles into $32,463 by year five. Five-year ROI reaches 137.07% and total cumulative return in cash sums $53,390. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $934/mo property income covering a $575/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.30 Acres 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: Image Hasselbeck • Community RealEstate LLC
Mls Name: GSREIN
Mls ID: #2537943