2420 Taffy DrMarreroLA70072
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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 Marrero at 2420 Taffy Dr, Marrero, LA, 70072 uses $62,985 cash to close to unlock $3,096/yr annual cash flow and $258/mo monthly cash flow. Total monthly income runs $1,435/mo, and a $930/mo payment keeps the spread at $258/mo. Purchase price stands at $190,000, and rental yield measures 9.06% with $1,435/mo rent. Return on cash invested shows 24.82% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 129.19% and total cumulative return in cash records $81,372. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,435/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1976
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70072, Marrero, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,976 (100%) |
| Owner Occupied HU | 15,926 (69.3%) |
| Renter Occupied HU | 5,606 (24.4%) |
| Vacant Housing Units | 1,444 ( 6.3%) |
| Median Home Value | $242,947 |
| Average Home Value | $279,908 |
Housing Distribution
Address Breakdown
Residential
22,298
Single Family
21,129
Multi-Family
1,169
Businesses
1,330
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