2813 Taft ParkMetairieLA70002
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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 Metairie at 2813 Taft Park, Metairie, LA, 70002 priced at $399,900 pairs $2,799/mo rent with $322/mo cash flow after a $1,957/mo payment. Total monthly income equals $2,799/mo, and annual cash flow comes to $3,866/yr on $132,567 invested. Return on cash invested is 22.82% in year one, and rental yield stands at 8.4% on a $399,900 basis. Equity gained on principal adds $2,580/yr, and 5% annual appreciation accumulates to $110,485 by year five. Five-year ROI measures 118.51% and total cumulative return in cash reaches $157,100. For financing, Ziffy Mortgage’s DSCR program evaluates $2,799/mo property income against a $1,957/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
5,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70002, Metairie, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,572 (100%) |
| Owner Occupied HU | 4,532 (47.3%) |
| Renter Occupied HU | 4,178 (43.6%) |
| Vacant Housing Units | 862 ( 9.0%) |
| Median Home Value | $392,874 |
| Average Home Value | $433,147 |
Housing Distribution
Address Breakdown
Residential
9,473
Single Family
5,506
Multi-Family
3,967
Businesses
2,303
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Listed by: Todd Dean • Select Realty Group, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2478495
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