1944 Magnolia StLafitteLA70067
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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 Lafitte at 1944 Magnolia St, Lafitte, LA, 70067 earns $34/mo cash flow from $2,692/mo rent with a $2,100/mo payment. Total monthly income totals $2,692/mo, and annual cash flow totals $412/yr on $142,214 capital. ROI tracks 20.2% on current figures, and rental yield reads 7.53% at a $429,000 purchase. Equity gained on principal adds $2,768/yr, and 5% annual appreciation supports $118,525 over five years. Five-year ROI reaches 104.42% and total cumulative return in cash sums $148,501. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,692/mo property income instead of your personal income.
Single Family
Built in 2001
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70067, Lafitte, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,187 (100%) |
| Owner Occupied HU | 909 (76.6%) |
| Renter Occupied HU | 133 (11.2%) |
| Vacant Housing Units | 145 (12.2%) |
| Median Home Value | $324,028 |
| Average Home Value | $335,941 |
Housing Distribution
Address Breakdown
Residential
1,043
Single Family
1,043
Multi-Family
0
Businesses
56
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