1908 Oak StHarveyLA70058
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
Investment property for sale in Harvey at 1908 Oak St, Harvey, LA, 70058 with 5% annual appreciation on a $349,600 basis while $3,899/mo rent supports operations. Total monthly income totals $3,899/mo and a $1,711/mo payment preserves $1,734/mo for cash returns. Annual cash flow comes to $20,802/yr on $115,892 deployed, and return on cash invested reaches 37.86% in year one. Equity gained on principal adds $2,256/yr, and five-year appreciation sums $96,588 alongside rental yield of 13.38%. Five-year ROI measures 199.11% and total cumulative return in cash totals $230,756.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,899/mo property income versus a $1,711/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70058, Harvey, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,473 (100%) |
| Owner Occupied HU | 9,525 (57.8%) |
| Renter Occupied HU | 5,841 (35.5%) |
| Vacant Housing Units | 1,107 ( 6.7%) |
| Median Home Value | $222,383 |
| Average Home Value | $280,517 |
Housing Distribution
Address Breakdown
Residential
15,748
Single Family
13,458
Multi-Family
2,290
Businesses
1,396
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices