219 Queen Anne DrSlidellLA70460
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 219 Queen Anne Dr, Slidell, LA, 70460 in Slidell is listed at $149,500 and delivers $1,187/mo in rent and $230/mo in net monthly cash flow. The 9.48% yield and 1.77 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $41,304 over five years, and $1,377/yr in principal reduction supplements cash return. Total projected cumulative return: $72,024.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 9.7% |
| Monthly Cash Flow | $230 | $285 |
City averages based on Slidell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,187 |
| Total Monthly Debt Service | $892 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1982
7,200 sqft lot
$N/A/sqft
$25 monthly 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
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
Single Family
Built in 1982
7,200 sqft lot
$N/A/sqft
$25 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debbie Vititoe • RE/MAX Select
Mls Name: GSREIN
Mls Provider:
Mls ID: #2494242
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.