2156 Gabriel Dr, Covington, LA, 70435 | $333/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Covington at 2156 Gabriel Dr, Covington, LA, 70435 offers a 8.48% rental yield on a $382,000 purchase with $2,700/mo rent. Total monthly income registers $2,700/mo, and a $1,870/mo payment leaves $333/mo available for distribution. Annual cash flow reaches $4,001/yr on $126,633 to close, and return on cash invested stands at 23.07% in year one. Equity gained on principal adds $2,465/yr while 5% annual appreciation supports $105,540 over five years. Portfolio math shows five-year ROI at 119.81% and total cumulative return in cash at $151,721. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,700/mo property income against a $1,870/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2024

0.33 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70435, Covington, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,191 (100%)
Owner Occupied HU	7,325 (79.7%)
Renter Occupied HU	1,215 (13.2%)
Vacant Housing Units	651 ( 7.1%)
Median Home Value	$329,233
Average Home Value	$370,132