2637 Cedar Creek StMarreroLA70072
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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 Marrero at 2637 Cedar Creek St, Marrero, LA, 70072 earns $158/mo cash flow from $1,920/mo rent with a $1,392/mo payment. Total monthly income totals $1,920/mo, and annual cash flow totals $1,898/yr on $94,312 capital. ROI tracks 21.92% on current figures, and rental yield reads 8.1% at a $284,500 purchase. Equity gained on principal adds $1,836/yr, and 5% annual appreciation supports $78,602 over five years. Five-year ROI reaches 113.68% and total cumulative return in cash sums $107,213. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Single Family
Built in 2008
6,655 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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Listed by: Lindy Schexnayder • NOLA Living Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2519675
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.