2217 Angela AveArabiLA70032
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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 Arabi at 2217 Angela Ave, Arabi, LA, 70032 earns $144/mo cash flow from $1,983/mo rent with a $1,395/mo payment. Total monthly income totals $1,983/mo, and annual cash flow totals $1,732/yr on $94,478 capital. ROI tracks 21.74% on current figures, and rental yield reads 8.35% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 113.05% and total cumulative return in cash sums $106,806. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,983/mo property income instead of your personal income.
Single Family
Built in 2016
6,398 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70032, Arabi, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,267 (100%) |
| Owner Occupied HU | 1,383 (61.0%) |
| Renter Occupied HU | 683 (30.1%) |
| Vacant Housing Units | 201 ( 8.9%) |
| Median Home Value | $230,800 |
| Average Home Value | $267,035 |
Housing Distribution
Address Breakdown
Residential
2,351
Single Family
2,316
Multi-Family
35
Businesses
227
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Listed by: Crystal Parker • Homesmart Realty South
Mls Name: GSREIN
Mls Provider:
Mls ID: #2504874
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.