2245 Bayou RdSaint BernardLA70085
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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 Saint Bernard at 2245 Bayou Rd, Saint Bernard, LA, 70085 uses $40,078 cash to close to unlock $2,614/yr annual cash flow and $218/mo monthly cash flow. Total monthly income runs $967/mo, and a $592/mo payment keeps the spread at $218/mo. Purchase price stands at $120,900, and rental yield measures 9.6% with $967/mo rent. Return on cash invested shows 26.43% in year one, and 5% annual appreciation builds toward $33,402 over five years. Five-year ROI reaches 137.85% and total cumulative return in cash records $55,250. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $967/mo property income covering a $592/mo payment rather than investor’s personal income.
Single Family
Built in 1965
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70085, Saint Bernard, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,339 (100%) |
| Owner Occupied HU | 1,604 (68.6%) |
| Renter Occupied HU | 304 (13.0%) |
| Vacant Housing Units | 431 (18.4%) |
| Median Home Value | $170,167 |
| Average Home Value | $211,356 |
Housing Distribution
Address Breakdown
Residential
2,194
Single Family
2,194
Multi-Family
0
Businesses
77
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Listed by: David Reso • Audubon Realty, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2498623
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.