2116 Breckenridge DrHarveyLA70058
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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 Harvey at 2116 Breckenridge Dr, Harvey, LA, 70058 offers $1,007/mo rent that, after a $627/mo payment, leaves $215/mo cash flow. Total monthly income is $1,007/mo, and annual cash flow is $2,575/yr on $42,432 cash. Return on cash invested measures 25.98% in year one, and rental yield stands at 9.44% at a $128,000 entry. Equity gained on principal adds $826/yr while 5% annual appreciation compounds into $35,364 by year five. Five-year ROI records 135.43% and total cumulative return in cash reaches $57,467. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,007/mo property income versus a $627/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1986
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70058, Harvey, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,473 (100%) |
| Owner Occupied HU | 9,525 (57.8%) |
| Renter Occupied HU | 5,841 (35.5%) |
| Vacant Housing Units | 1,107 ( 6.7%) |
| Median Home Value | $222,383 |
| Average Home Value | $280,517 |
Housing Distribution
Address Breakdown
Residential
15,748
Single Family
13,458
Multi-Family
2,290
Businesses
1,396
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Listed by: Michelle Dillon • Fortune 500 Real Estate Professionals
Mls Name: GSREIN
Mls Provider:
Mls ID: #2469684
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