2557 Joy Ann 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
Rental property for sale in Marrero at 2557 Joy Ann Dr, Marrero, LA, 70072 generates $1,051/mo in rent and, after a $680/mo payment, leaves $190/mo in cash flow. Total monthly income is $1,051/mo, and annual cash flow is $2,284/yr on $46,079 invested. Return on cash invested sits at 24.86% in year one, and rental yield is 9.07% on a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 129.5% and total cumulative return in cash sums $59,672. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,051/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
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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