2713 Legend StMerauxLA70075
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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
Investment Highlights
Investment property for sale in Meraux at 2713 Legend St, Meraux, LA, 70075 at $194,900 posts ROI 25.14% with $282/mo cash flow from $1,489/mo rent. Total monthly income equals $1,489/mo, and annual cash flow records $3,380/yr on $64,609 to close. Return on cash invested measures 25.14% and rental yield reads 9.17% at the current $194,900. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,847 by year five. Five-year ROI prints 130.93% and total cumulative return in cash totals $84,591.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,489/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70075, Meraux, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,015 (100%) |
| Owner Occupied HU | 1,573 (78.1%) |
| Renter Occupied HU | 350 (17.4%) |
| Vacant Housing Units | 92 ( 4.6%) |
| Median Home Value | $231,194 |
| Average Home Value | $263,784 |
Housing Distribution
Address Breakdown
Residential
2,110
Single Family
2,028
Multi-Family
82
Businesses
84
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