2 Birdie Dr #1DSlidellLA70460
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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 Slidell at 2 Birdie Dr #1D, Slidell, LA, 70460 with 5% annual appreciation on a $134,000 basis while $1,061/mo rent supports operations. 47% in year one. Equity gained on principal adds $865/yr, and five-year appreciation sums $37,022 alongside rental yield of 9.5%. Five-year ROI measures 82.96% and total cumulative return in cash totals $36,851. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,061/mo property income versus a $656/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70460, Slidell, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,824 (100%) |
| Owner Occupied HU | 6,870 (69.9%) |
| Renter Occupied HU | 2,314 (23.6%) |
| Vacant Housing Units | 640 ( 6.5%) |
| Median Home Value | $215,235 |
| Average Home Value | $269,710 |
Housing Distribution
Address Breakdown
Residential
9,301
Single Family
8,744
Multi-Family
557
Businesses
527
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Listed by: Troy Rizan • LATTER & BLUM (LATT14)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2500540
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