164 Maderia DrWestwegoLA70094
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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 Westwego at 164 Maderia Dr, Westwego, LA, 70094 offers a 11.43% rental yield on a $199,000 purchase with $1,896/mo rent. Total monthly income registers $1,896/mo, and a $974/mo payment leaves $663/mo available for distribution. Annual cash flow reaches $7,960/yr on $65,969 to close, and return on cash invested stands at 31.97% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 167.6% and total cumulative return in cash at $110,562. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,896/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70094, Westwego, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,153 (100%) |
| Owner Occupied HU | 7,662 (58.3%) |
| Renter Occupied HU | 4,035 (30.7%) |
| Vacant Housing Units | 1,456 (11.1%) |
| Median Home Value | $178,255 |
| Average Home Value | $242,467 |
Housing Distribution
Address Breakdown
Residential
13,007
Single Family
12,126
Multi-Family
881
Businesses
497
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