2108-10 Bartolo 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 2108-10 Bartolo St, Meraux, LA, 70075 uses $65,803 cash to close to unlock $9,227/yr annual cash flow and $769/mo monthly cash flow. Total monthly income runs $1,999/mo, and a $972/mo payment keeps the spread at $769/mo. Purchase price stands at $198,500, and rental yield measures 12.08% with $1,999/mo rent. Return on cash invested shows 33.93% in year one, and 5% annual appreciation builds toward $54,842 over five years. Five-year ROI reaches 178.03% and total cumulative return in cash records $117,149. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,999/mo property income covering a $972/mo payment rather than investor’s personal income.
Multi Family
Built in 1968
5,039 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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