200 Perrin DrArabiLA70032
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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
Rental property for sale in Arabi at 200 Perrin Dr, Arabi, LA, 70032 priced at $339,000 converts $2,661/mo rent into $561/mo cash flow after a $1,659/mo obligation. Total monthly income equals $2,661/mo, and annual cash flow totals $6,736/yr on $112,379 invested. Return on cash invested prints 25.9% in year one, and rental yield reads 9.42% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 135.02% and total cumulative return in cash sums $151,732. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,661/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Single Family
Built in 2024
7,480 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70032, Arabi, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,267 (100%) |
| Owner Occupied HU | 1,383 (61.0%) |
| Renter Occupied HU | 683 (30.1%) |
| Vacant Housing Units | 201 ( 8.9%) |
| Median Home Value | $230,800 |
| Average Home Value | $267,035 |
Housing Distribution
Address Breakdown
Residential
2,351
Single Family
2,316
Multi-Family
35
Businesses
227
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Listed by: Talyta Noronha • NOLA Living Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2507916
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