18 Davis BlvdJeffersonLA70121
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Jefferson at 18 Davis Blvd, Jefferson, LA, 70121 priced at $324,000 pairs $2,560/mo rent with $553/mo cash flow after a $1,586/mo payment. Total monthly income equals $2,560/mo, and annual cash flow comes to $6,634/yr on $107,406 invested. Return on cash invested is 26.09% in year one, and rental yield stands at 9.48% on a $324,000 basis. Equity gained on principal adds $2,091/yr, and 5% annual appreciation accumulates to $89,515 by year five. Five-year ROI measures 135.97% and total cumulative return in cash reaches $146,039. For financing, Ziffy Mortgage’s DSCR program evaluates $2,560/mo property income against a $1,586/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
5,353 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70121, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,242 (100%) |
| Owner Occupied HU | 3,086 (49.4%) |
| Renter Occupied HU | 2,522 (40.4%) |
| Vacant Housing Units | 634 (10.2%) |
| Median Home Value | $284,768 |
| Average Home Value | $318,145 |
Housing Distribution
Address Breakdown
Residential
6,071
Single Family
5,168
Multi-Family
903
Businesses
614
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices