2310 Metairie CtMetairieLA70001
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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
Rental property for sale in Metairie at 2310 Metairie Ct, Metairie, LA, 70001 generates $3,552/mo in rent and, after a $1,855/mo payment, leaves $1,204/mo in cash flow. Total monthly income is $3,552/mo, and annual cash flow is $14,452/yr on $125,639 invested. Return on cash invested sits at 31.41% in year one, and rental yield is 11.25% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 164.55% and total cumulative return in cash sums $206,735. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,552/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70001, Metairie, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,123 (100%) |
| Owner Occupied HU | 8,964 (44.5%) |
| Renter Occupied HU | 9,454 (47.0%) |
| Vacant Housing Units | 1,705 ( 8.5%) |
| Median Home Value | $339,838 |
| Average Home Value | $407,426 |
Housing Distribution
Address Breakdown
Residential
19,374
Single Family
13,074
Multi-Family
6,300
Businesses
1,480
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Listed by: Raisa Galper • LATTER & BLUM (LATT01)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2510517
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.