1942 S Ringer AveGeismarLA70734
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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 Geismar at 1942 S Ringer Ave, Geismar, LA, 70734 earns $363/mo cash flow from $1,588/mo rent with a $968/mo payment. Total monthly income totals $1,588/mo, and annual cash flow totals $4,356/yr on $65,538 capital. ROI tracks 26.56% on current figures, and rental yield reads 9.64% at a $197,700 purchase. Equity gained on principal adds $1,276/yr, and 5% annual appreciation supports $54,621 over five years. Five-year ROI reaches 138.49% and total cumulative return in cash sums $90,762. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,588/mo property income instead of your personal income.
Single Family
Built in 2014
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70734, Geismar, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,277 (100%) |
| Owner Occupied HU | 2,679 (81.8%) |
| Renter Occupied HU | 411 (12.5%) |
| Vacant Housing Units | 187 ( 5.7%) |
| Median Home Value | $388,839 |
| Average Home Value | $438,461 |
Housing Distribution
Address Breakdown
Residential
3,100
Single Family
2,859
Multi-Family
241
Businesses
280
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