162 Reid Dr, Sunset, LA, 70584 | $71/mo Cash Flow

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 Sunset at 162 Reid Dr, Sunset, LA, 70584 offers a 7.84% rental yield on a $208,500 purchase with $1,363/mo rent. Total monthly income registers $1,363/mo, and a $1,021/mo payment leaves $71/mo available for distribution. Annual cash flow reaches $851/yr on $69,118 to close, and return on cash invested stands at 21.14% in year one. Equity gained on principal adds $1,345/yr while 5% annual appreciation supports $57,605 over five years. Portfolio math shows five-year ROI at 109.45% and total cumulative return in cash at $75,649. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,363/mo property income against a $1,021/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

0.50 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70584, Sunset, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,529 (100%)
Owner Occupied HU	2,432 (68.9%)
Renter Occupied HU	744 (21.1%)
Vacant Housing Units	353 (10.0%)
Median Home Value	$203,563
Average Home Value	$274,230