204 Vincent AveMetairieLA70005
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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 Metairie at 204 Vincent Ave, Metairie, LA, 70005 projects strong ROI of 10.7%. Rental yield 4.3%. With 5% annual appreciation, the property builds $925,267 in value over five years. Equity growth combined delivers a projected five-year ROI of 53.36%, translating into $578,950 in total cumulative return on $1,085,076 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2023
8,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70005, Metairie, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,735 (100%) |
| Owner Occupied HU | 7,413 (58.2%) |
| Renter Occupied HU | 4,248 (33.4%) |
| Vacant Housing Units | 1,074 ( 8.4%) |
| Median Home Value | $427,446 |
| Average Home Value | $580,693 |
Housing Distribution
Address Breakdown
Residential
12,470
Single Family
9,844
Multi-Family
2,626
Businesses
879
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Listed by: Peggy Bruce • McCarthy Group REALTORS
Mls Name: GSREIN
Mls Provider:
Mls ID: #2501935
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.