217 Portsmouth DrSlidellLA70460
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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 217 Portsmouth Dr, Slidell, LA, 70460 earns $135/mo cash flow from $989/mo rent with a $612/mo payment. Total monthly income totals $989/mo, and annual cash flow totals $1,618/yr on $41,438 capital. ROI tracks 23.81% on current figures, and rental yield reads 9.49% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 124.65% and total cumulative return in cash sums $51,653. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $989/mo property income instead of your personal income.
Single Family
Built in 1984
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70460, Slidell, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,824 (100%) |
| Owner Occupied HU | 6,870 (69.9%) |
| Renter Occupied HU | 2,314 (23.6%) |
| Vacant Housing Units | 640 ( 6.5%) |
| Median Home Value | $215,235 |
| Average Home Value | $269,710 |
Housing Distribution
Address Breakdown
Residential
9,301
Single Family
8,744
Multi-Family
557
Businesses
527
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Listed by: Kelly Toney • Tranzon Asset Advisors of TX, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2521501
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.