17948 W Main StGallianoLA70354
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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 Galliano at 17948 W Main St, Galliano, LA, 70354 generates $1,662/mo in rent and, after a $905/mo payment, leaves $517/mo in cash flow. Total monthly income is $1,662/mo, and annual cash flow is $6,198/yr on $61,328 invested. Return on cash invested sits at 30.02% in year one, and rental yield is 10.78% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 157.07% and total cumulative return in cash sums $96,327. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,662/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
4.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70354, Galliano, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,909 (100%) |
| Owner Occupied HU | 1,243 (65.1%) |
| Renter Occupied HU | 345 (18.1%) |
| Vacant Housing Units | 321 (16.8%) |
| Median Home Value | $144,470 |
| Average Home Value | $171,957 |
Housing Distribution
Address Breakdown
Residential
1,419
Single Family
1,419
Multi-Family
0
Businesses
104
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