262 Garden Rd, River Ridge, LA, 70123 | ROI: 1.45%

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in River Ridge at 262 Garden Rd, River Ridge, LA, 70123 projects strong ROI of 1.45%. Rental yield 1.3%. With 5% annual appreciation, the property builds $794,309 in value over five years. Equity growth combined delivers a projected five-year ROI of 3.74%, translating into $34,854 in total cumulative return on $931,500 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.

Single Family

Built in 2016

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70123, New Orleans, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,843 (100%)
Owner Occupied HU	7,431 (53.7%)
Renter Occupied HU	5,379 (38.9%)
Vacant Housing Units	1,033 ( 7.5%)
Median Home Value	$370,090
Average Home Value	$428,842