274 Cypress Lakes DrSlidellLA70458
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
Investment Highlights
Rental property for sale in Slidell at 274 Cypress Lakes Dr, Slidell, LA, 70458 priced at $549,000 converts $3,276/mo rent into after a $2,687/mo obligation. Total monthly income equals $3,276/mo. Return on cash invested prints 19.23% in year one, and rental yield reads 7.16% against a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation compiles into $151,679 by year five. Five-year ROI reaches 99.2% and total cumulative return in cash sums $179,168. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,276/mo property income covering a $2,687/mo payment, not borrower’s personal income.
Single Family
Built in 2021
9,317 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70458, Slidell, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,015 (100%) |
| Owner Occupied HU | 11,890 (66.0%) |
| Renter Occupied HU | 5,061 (28.1%) |
| Vacant Housing Units | 1,064 ( 5.9%) |
| Median Home Value | $249,480 |
| Average Home Value | $278,064 |
Housing Distribution
Address Breakdown
Residential
16,866
Single Family
14,807
Multi-Family
2,059
Businesses
1,542
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices