208 Trudeau DrMetairieLA70003
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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 Metairie at 208 Trudeau Dr, Metairie, LA, 70003 offers $2,520/mo rent that, after a $1,454/mo payment, leaves $680/mo cash flow. Total monthly income is $2,520/mo, and annual cash flow is $8,159/yr on $98,456 cash. Return on cash invested measures 28.2% in year one, and rental yield stands at 10.18% at a $297,000 entry. Equity gained on principal adds $1,916/yr while 5% annual appreciation compounds into $82,056 by year five. Five-year ROI records 147.28% and total cumulative return in cash reaches $145,002. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,520/mo property income versus a $1,454/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
6,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70003, Metairie, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,181 (100%) |
| Owner Occupied HU | 12,007 (69.9%) |
| Renter Occupied HU | 4,056 (23.6%) |
| Vacant Housing Units | 1,118 ( 6.5%) |
| Median Home Value | $284,249 |
| Average Home Value | $307,002 |
Housing Distribution
Address Breakdown
Residential
16,818
Single Family
14,912
Multi-Family
1,906
Businesses
763
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Listed by: Shelley Lawrence • LATTER & BLUM (LATT09)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2468589
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