261 Admiral Craik DrGrand IsleLA70358
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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 Grand Isle at 261 Admiral Craik Dr, Grand Isle, LA, 70358 with 5% annual appreciation on a $472,000 basis while $2,312/mo rent supports operations. 22% in year one. Equity gained on principal adds $3,046/yr, and five-year appreciation sums $130,405 alongside rental yield of 5.88%. Five-year ROI measures 77.71% and total cumulative return in cash totals $121,585. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,312/mo property income versus a $2,310/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2012
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70358, Grand Isle, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,776 (100%) |
| Owner Occupied HU | 348 (19.6%) |
| Renter Occupied HU | 85 ( 4.8%) |
| Vacant Housing Units | 1,343 (75.6%) |
| Median Home Value | $288,509 |
| Average Home Value | $291,667 |
Housing Distribution
Address Breakdown
Residential
63
Single Family
63
Multi-Family
0
Businesses
60
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Listed by: Jacob Landry • ReHive, LLC
Mls Name: RAA
Mls ID: #2500000938