181 Medical AveGrand IsleLA70358
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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 Grand Isle at 181 Medical Ave, Grand Isle, LA, 70358 with 5% annual appreciation on a $119,900 basis while $0/mo rent supports operations. 52% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,126 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
4,800 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 |
Housing Distribution
Address Breakdown
Residential
63
Single Family
63
Multi-Family
0
Businesses
60
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No similar rental properties found nearby.
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Listed by: Tammy Randles • Realty Executives SELA
Mls Name: GSREIN
Mls ID: #2517575