26 Chamale Cv E #26SlidellLA70460
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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 26 Chamale Cv E #26, Slidell, LA, 70460 offers a 9.25% rental yield on a $199,700 purchase with $1,539/mo rent. Total monthly income registers $1,539/mo, and a $977/mo payment leaves $302/mo available for distribution. Annual cash flow reaches $3,629/yr on $66,201 to close, and return on cash invested stands at 25.39% in year one. Equity gained on principal adds $1,289/yr while 5% annual appreciation supports $55,173 over five years. Portfolio math shows five-year ROI at 132.29% and total cumulative return in cash at $87,574. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,539/mo property income against a $977/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
1,006 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70460, Slidell, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,824 (100%) |
| Owner Occupied HU | 6,870 (69.9%) |
| Renter Occupied HU | 2,314 (23.6%) |
| Vacant Housing Units | 640 ( 6.5%) |
| Median Home Value | $215,235 |
| Average Home Value | $269,710 |
Housing Distribution
Address Breakdown
Residential
9,301
Single Family
8,744
Multi-Family
557
Businesses
527
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