214 Mitchell LnDes AllemandsLA70030
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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 Des Allemands at 214 Mitchell Ln, Des Allemands, LA, 70030 at $314,500 posts ROI 26.07% with $535/mo cash flow from $2,483/mo rent. Total monthly income equals $2,483/mo, and annual cash flow records $6,422/yr on $104,257 to close. Return on cash invested measures 26.07% and rental yield reads 9.47% at the current $314,500. Equity gained on principal adds $2,029/yr, and 5% annual appreciation supports $86,891 by year five. Five-year ROI prints 135.91% and total cumulative return in cash totals $141,700.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,483/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70030, Des Allemands, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 1,442 (76.7%) |
| Renter Occupied HU | 212 (11.3%) |
| Vacant Housing Units | 227 (12.1%) |
| Median Home Value | $314,192 |
| Average Home Value | $289,690 |
Housing Distribution
Address Breakdown
Residential
1,542
Single Family
1,542
Multi-Family
0
Businesses
44
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Listed by: Brandy Nichols • Brandy Nichols Realty
Mls Name: GSREIN
Mls ID: #2533402