2900 Meadow DrVioletLA70092
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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
Investment property for sale in Violet at 2900 Meadow Dr, Violet, LA, 70092 with 5% annual appreciation on a $229,900 basis while $1,810/mo rent supports operations. Total monthly income totals $1,810/mo and a $1,125/mo payment preserves $386/mo for cash returns. Annual cash flow comes to $4,634/yr on $76,212 deployed, and return on cash invested reaches 25.99% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,517 alongside rental yield of 9.45%. Five-year ROI measures 135.51% and total cumulative return in cash totals $103,271.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,810/mo property income versus a $1,125/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70092, Violet, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,933 (100%) |
| Owner Occupied HU | 1,961 (66.9%) |
| Renter Occupied HU | 791 (27.0%) |
| Vacant Housing Units | 181 ( 6.2%) |
| Median Home Value | $187,877 |
| Average Home Value | $198,005 |
Housing Distribution
Address Breakdown
Residential
2,738
Single Family
2,721
Multi-Family
17
Businesses
76
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Listed by: Matthew Davis • 1 Percent Lists Legacy
Mls Name: GSREIN
Mls Provider:
Mls ID: #2500496
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.