2879 Palm Dr #8, Slidell, LA, 70458 | $186/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

2879 Palm Dr #8, Slidell, LA, 70458 | $186/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
863 sft

2442 Desire St, New Orleans, LA, 70117

4 Bed
2 Bath
1640 sft

2320 Clouet St, New Orleans, LA, 70117

4 Bed
3 Bath
1890 sft

4710 Knight Dr, New Orleans, LA, 70127

1 Bed
1 Bath
800 sft

1161 Lake Ave APT 102, Metairie, LA, 70005

Nearby investment properties with comparable prices

4 Bed
2 Bath
2059 sft

3001 Clouet St, New Orleans, LA, 70126

3 Bed
1 Bath
950 sft

6228 Warrington Dr, New Orleans, LA, 70122

4 Bed
6 Bath
2000 sft

4126 Gibson St, New Orleans, LA, 70122

2 Bed
1 Bath
1242 sft

4318 Plum Orchard St, New Orleans, LA, 70126

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Slidell at 2879 Palm Dr #8, Slidell, LA, 70458 listed at $105,000 pairs $836/mo rent with a $514/mo payment to leave $186/mo cash flow. Total monthly income runs $836/mo, and annual cash flow reaches $2,226/yr on $34,808 cash to close. Return on cash invested measures 26.3% in year one, and rental yield registers 9.55% at a $105,000 basis. Equity gained on principal adds $678/yr, and annual property appreciation at 5% supports $29,010 by year five. Five-year ROI tracks 137.22% and total cumulative return in cash totals $47,762. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $836/mo property income relative to a $514/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1985

612 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautifully renovated condo just minutes from downtown Slidell! Tucked away on a quiet street, this home offers both convenience and a sense of security, with the added peace of mind of being raised in 2018. Inside, youll find modern finishes, brand new kitchen appliances, updated bathrooms with new vanities, fresh paint, and new flooring throughout. This move-in ready home features two bedrooms, one full bathroom, one half bathroom, and a loft space, perfect for a home office or extra living area. The monthly HOA fee includes front yard maintenance, garbage pickup, and building insurance. Dont miss this great value!

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