162 Grape Ln, Grand Isle, LA, 70358 | Equity Gain $1,484/yr

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Grand Isle at 162 Grape Ln, Grand Isle, LA, 70358 listed at $230,000 pairs $0/mo rent with a $1,126/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -2.52% in year one, and rental yield registers 0% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 2009

6,098 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70358, Grand Isle, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,776 (100%)
Owner Occupied HU	348 (19.6%)
Renter Occupied HU	85 ( 4.8%)
Vacant Housing Units	1,343 (75.6%)
Median Home Value	$288,509
Average Home Value	$291,667