2071 Jean Lafitte BlvdLafitteLA70067
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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 Lafitte at 2071 Jean Lafitte Blvd, Lafitte, LA, 70067 uses $95,804 cash to close to unlock $3,100/yr annual cash flow and $258/mo monthly cash flow. Total monthly income runs $2,049/mo, and a $1,415/mo payment keeps the spread at $258/mo. Purchase price stands at $289,000, and rental yield measures 8.51% with $2,049/mo rent. Return on cash invested shows 23.14% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 120.24% and total cumulative return in cash records $115,190. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,049/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Single Family
Built in 1999
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70067, Lafitte, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,187 (100%) |
| Owner Occupied HU | 909 (76.6%) |
| Renter Occupied HU | 133 (11.2%) |
| Vacant Housing Units | 145 (12.2%) |
| Median Home Value | $324,028 |
| Average Home Value | $335,941 |
Housing Distribution
Address Breakdown
Residential
1,043
Single Family
1,043
Multi-Family
0
Businesses
56
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Listed by: Monica Palma • TCK Realty LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2475240
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