186 W 59th StCut OffLA70345
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play186 W 59th St, Cut Off, LA, 70345 in Cut Off is priced for appreciation, not yield. Rental yield 0%. At $149,000 with a 0% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $41,166 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.00) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.5% |
| Monthly Cash Flow | $0 | $850 |
City averages based on Cut Off market data in our database. Property projections are estimates.
Single Family
Built in 1961
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70345, Cut Off, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,699 (100%) |
| Owner Occupied HU | 2,669 (72.2%) |
| Renter Occupied HU | 629 (17.0%) |
| Vacant Housing Units | 401 (10.8%) |
| Median Home Value | $213,013 |
| Average Home Value | $257,279 |
Housing Distribution
Address Breakdown
Residential
3,219
Single Family
3,219
Multi-Family
0
Businesses
227
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1961
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70345, Cut Off, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,699 (100%) |
| Owner Occupied HU | 2,669 (72.2%) |
| Renter Occupied HU | 629 (17.0%) |
| Vacant Housing Units | 401 (10.8%) |
| Median Home Value | $213,013 |
| Average Home Value | $257,279 |
Housing Distribution
Address Breakdown
Residential
3,219
Single Family
3,219
Multi-Family
0
Businesses
227
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Kent Charpentier • KELLER WILLIAMS REALTY BAYOU P
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025008541
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 ROAM MLS.