241 E Augusta LnSlidellLA70458
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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 Slidell at 241 E Augusta Ln, Slidell, LA, 70458 with 5% annual appreciation on a $489,900 basis while $3,947/mo rent supports operations. Total monthly income totals $3,947/mo and a $2,398/mo payment preserves $912/mo for cash returns. Annual cash flow comes to $10,946/yr on $162,402 deployed, and return on cash invested reaches 26.65% in year one. Equity gained on principal adds $3,161/yr, and five-year appreciation sums $135,350 alongside rental yield of 9.67%. Five-year ROI measures 139.01% and total cumulative return in cash totals $225,749.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,947/mo property income versus a $2,398/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2008
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70458, Slidell, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,015 (100%) |
| Owner Occupied HU | 11,890 (66.0%) |
| Renter Occupied HU | 5,061 (28.1%) |
| Vacant Housing Units | 1,064 ( 5.9%) |
| Median Home Value | $249,480 |
| Average Home Value | $278,064 |
Housing Distribution
Address Breakdown
Residential
16,866
Single Family
14,807
Multi-Family
2,059
Businesses
1,542
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