2057 Valmar StMerauxLA70075
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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 Meraux at 2057 Valmar St, Meraux, LA, 70075 offers a 8.23% rental yield on a $234,900 purchase with $1,611/mo rent. Total monthly income registers $1,611/mo, and a $1,150/mo payment leaves $156/mo available for distribution. Annual cash flow reaches $1,868/yr on $77,869 to close, and return on cash invested stands at 22.31% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,899 over five years. Portfolio math shows five-year ROI at 115.73% and total cumulative return in cash at $90,117. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,611/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
7,140 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70075, Meraux, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,015 (100%) |
| Owner Occupied HU | 1,573 (78.1%) |
| Renter Occupied HU | 350 (17.4%) |
| Vacant Housing Units | 92 ( 4.6%) |
| Median Home Value | $231,194 |
| Average Home Value | $263,784 |
Housing Distribution
Address Breakdown
Residential
2,110
Single Family
2,028
Multi-Family
82
Businesses
84
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Listed by: Heather Atwood • NOLA Real Estate 4-U, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2473852
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