213 Transcontinental Dr, Metairie, LA, 70001 | $758/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1372 sft

3305 Tulane Dr, Kenner, LA, 70065

3 Bed
2 Bath
1841 sft

2258 General Collins Ave, New Orleans, LA, 70114

4 Bed
2 Bath
2072 sft

14031 Explorers Ave, New Orleans, LA, 70129

3 Bed
1 Bath
905 sft

4524 Hilton Dr, Metairie, LA, 70001

Nearby investment properties with comparable prices

4 Bed
2 Bath
1500 sft

157 Dillard Dr, Westwego, LA, 70094

3 Bed
2 Bath
1315 sft

1153 Sandalwood Dr, Harvey, LA, 70058

4 Bed
3 Bath
1885 sft

21 Ormond Pl, Destrehan, LA, 70047

3 Bed
2 Bath
1300 sft

2945 Mount Kennedy Dr, Marrero, LA, 70072

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Metairie at 213 Transcontinental Dr, Metairie, LA, 70001 priced at $235,000 pairs $2,213/mo rent with $758/mo cash flow after a $1,150/mo payment. Total monthly income equals $2,213/mo, and annual cash flow comes to $9,090/yr on $77,903 invested. Return on cash invested is 31.58% in year one, and rental yield stands at 11.3% on a $235,000 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,926 by year five. Five-year ROI measures 165.44% and total cumulative return in cash reaches $128,884. For financing, Ziffy Mortgage’s DSCR program evaluates $2,213/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1970

7,200 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70001, Metairie, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,123 (100%)
Owner Occupied HU	8,964 (44.5%)
Renter Occupied HU	9,454 (47.0%)
Vacant Housing Units	1,705 ( 8.5%)
Median Home Value	$339,838
Average Home Value	$407,426