1824 Heights DrSaint BernardLA70085
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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 Saint Bernard at 1824 Heights Dr, Saint Bernard, LA, 70085 generates $876/mo in rent and, after a $563/mo payment, leaves $164/mo in cash flow. Total monthly income is $876/mo, and annual cash flow is $1,962/yr on $38,123 invested. Return on cash invested sits at 25.06% in year one, and rental yield is 9.14% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 130.5% and total cumulative return in cash sums $49,749. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $876/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
5,060 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70085, Saint Bernard, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,339 (100%) |
| Owner Occupied HU | 1,604 (68.6%) |
| Renter Occupied HU | 304 (13.0%) |
| Vacant Housing Units | 431 (18.4%) |
| Median Home Value | $170,167 |
| Average Home Value | $211,356 |
Housing Distribution
Address Breakdown
Residential
2,194
Single Family
2,194
Multi-Family
0
Businesses
77
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Listed by: Nicole Nicosia • 1st BMG REALTY, L.L.C.
Mls Name: GSREIN
Mls ID: #2506154