215 Cypress Crossing DrBelle ChasseLA70037
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Belle Chasse at 215 Cypress Crossing Dr, Belle Chasse, LA, 70037 priced at $989,000 converts $3,037/mo rent into after a $4,841/mo obligation. Total monthly income equals $3,037/mo. Return on cash invested prints 8.4% in year one, and rental yield reads 3.68% against a $989,000 entry. Equity gained on principal adds $6,382/yr, while 5% annual appreciation compiles into $273,242 by year five. Five-year ROI reaches 41.22% and total cumulative return in cash sums $134,106. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,037/mo property income covering a $4,841/mo payment, not borrower’s personal income.
Single Family
Built in 2022
N/A lot
$N/A/sqft
$850 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70037, Belle Chasse, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,100 (100%) |
| Owner Occupied HU | 3,816 (62.6%) |
| Renter Occupied HU | 1,832 (30.0%) |
| Vacant Housing Units | 452 ( 7.4%) |
| Median Home Value | $403,320 |
| Average Home Value | $428,728 |
Housing Distribution
Address Breakdown
Residential
6,817
Single Family
6,719
Multi-Family
98
Businesses
754
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amberly Stuart • LATTER & BLUM (LATT28)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2496149
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.