2300 Nancy DrMerauxLA70075
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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 Meraux at 2300 Nancy Dr, Meraux, LA, 70075 earns $252/mo cash flow from $1,305/mo rent with a $832/mo payment. Total monthly income totals $1,305/mo, and annual cash flow totals $3,026/yr on $56,322 capital. ROI tracks 25.28% on current figures, and rental yield reads 9.22% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 131.76% and total cumulative return in cash sums $74,210. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,305/mo property income instead of your personal income.
Single Family
Built in 1966
6,281 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70075, Meraux, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,015 (100%) |
| Owner Occupied HU | 1,573 (78.1%) |
| Renter Occupied HU | 350 (17.4%) |
| Vacant Housing Units | 92 ( 4.6%) |
| Median Home Value | $231,194 |
| Average Home Value | $263,784 |
Housing Distribution
Address Breakdown
Residential
2,110
Single Family
2,028
Multi-Family
82
Businesses
84
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Listed by: Jacques Alfonso • REVE, REALTORS
Mls Name: GSREIN
Mls Provider:
Mls ID: #2466396
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