2168 Wellington LnSlidellLA70461
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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 Slidell at 2168 Wellington Ln, Slidell, LA, 70461 earns $243/mo cash flow from $1,503/mo rent with a $928/mo payment. Total monthly income totals $1,503/mo, and annual cash flow totals $2,920/yr on $62,819 capital. ROI tracks 24.56% on current figures, and rental yield reads 9.52% at a $189,500 purchase. Equity gained on principal adds $1,223/yr, and 5% annual appreciation supports $52,355 over five years. Five-year ROI reaches 128.42% and total cumulative return in cash sums $80,675. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,503/mo property income instead of your personal income.
Single Family
Built in 2003
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70461, Slidell, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,007 (100%) |
| Owner Occupied HU | 9,970 (71.2%) |
| Renter Occupied HU | 2,897 (20.7%) |
| Vacant Housing Units | 1,140 ( 8.1%) |
| Median Home Value | $277,803 |
| Average Home Value | $314,708 |
Housing Distribution
Address Breakdown
Residential
13,478
Single Family
12,464
Multi-Family
1,014
Businesses
579
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Listed by: Jeannine Relf • J. RELF REALTY, INC.
Mls Name: GSREIN
Mls Provider:
Mls ID: #2513108
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.