162 Elise CtPierre PartLA70339
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No similar rental properties found nearby.
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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 Pierre Part at 162 Elise Ct, Pierre Part, LA, 70339 priced at $565,000 converts $0/mo rent into after a $2,765/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.53% in year one, and rental yield reads 0% against a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation compiles into $156,099 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $2,765/mo payment, not borrower’s personal income.
Single Family
Built in 2007
1.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70339, Pierre Part, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,070 (100%) |
| Owner Occupied HU | 1,942 (63.3%) |
| Renter Occupied HU | 334 (10.9%) |
| Vacant Housing Units | 794 (25.9%) |
| Median Home Value | $211,905 |
| Average Home Value | $237,374 |
Housing Distribution
Address Breakdown
Residential
2,338
Single Family
2,307
Multi-Family
31
Businesses
103
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Kallie Bailey • Kallie Bailey
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025005174
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. Copyright 2025 ROAM MLS.