2629 Elm Lawn DrMarreroLA70072
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 2629 Elm Lawn Dr, Marrero, LA, 70072 in Marrero. Priced at $369,900, it generates $3,140/mo in gross rent and $838/mo in net monthly cash flow, a 10.19% yield that comfortably supports the 1.89 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $10,055. Five-year appreciation: $102,197. Equity from principal paydown: $3,407/yr. Total projected cumulative return: $194,282.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.5% |
| Monthly Cash Flow | $838 | $350 |
City averages based on Marrero market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,140 |
| Total Monthly Debt Service | $2,155 |
| DSCR Ratio | 1.46x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1984
8,001 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1984
8,001 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Monier • Davis Realty Group, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2513038
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.