2760 Russell DrMarreroLA70072
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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
Rental property for sale in Marrero at 2760 Russell Dr, Marrero, LA, 70072 offers $1,920/mo rent that, after a $974/mo payment, leaves $687/mo cash flow. Total monthly income is $1,920/mo, and annual cash flow is $8,248/yr on $65,969 cash. Return on cash invested measures 32.41% in year one, and rental yield stands at 11.58% at a $199,000 entry. Equity gained on principal adds $1,284/yr while 5% annual appreciation compounds into $54,980 by year five. Five-year ROI records 169.94% and total cumulative return in cash reaches $112,110. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,920/mo property income versus a $974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
5,000 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: Chastity Bosch • NOLA Living Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2480049
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