211 Hale StParadisLA70080
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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 Paradis at 211 Hale St, Paradis, LA, 70080 uses $74,588 cash to close to unlock $198/yr annual cash flow and $17/mo monthly cash flow. Total monthly income runs $1,410/mo, and a $1,101/mo payment keeps the spread at $17/mo. Purchase price stands at $225,000, and rental yield measures 7.52% with $1,410/mo rent. Return on cash invested shows 20.17% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 104.28% and total cumulative return in cash records $77,781. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,410/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 2010
5,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70080, Paradis, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 577 (100%) |
| Owner Occupied HU | 381 (66.0%) |
| Renter Occupied HU | 140 (24.3%) |
| Vacant Housing Units | 56 ( 9.7%) |
| Median Home Value | $176,580 |
| Average Home Value | $241,358 |
Housing Distribution
Address Breakdown
Residential
446
Single Family
446
Multi-Family
0
Businesses
26
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