203 Wilson StBelle ChasseLA70037
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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 Belle Chasse at 203 Wilson St, Belle Chasse, LA, 70037 priced at $309,900 converts $2,650/mo rent into $730/mo cash flow after a $1,517/mo obligation. Total monthly income equals $2,650/mo, and annual cash flow totals $8,762/yr on $102,732 invested. Return on cash invested prints 28.44% in year one, and rental yield reads 10.26% against a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,620 by year five. Five-year ROI reaches 148.63% and total cumulative return in cash sums $152,688. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,650/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Single Family
Built in 1993
10,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70037, Belle Chasse, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,100 (100%) |
| Owner Occupied HU | 3,816 (62.6%) |
| Renter Occupied HU | 1,832 (30.0%) |
| Vacant Housing Units | 452 ( 7.4%) |
| Median Home Value | $403,320 |
| Average Home Value | $428,728 |
Housing Distribution
Address Breakdown
Residential
6,817
Single Family
6,719
Multi-Family
98
Businesses
754
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Listed by: Trey Miley • 1 Percent Lists Legacy
Mls Name: GSREIN
Mls ID: #2534684