3048 Sienna DrHarveyLA70058
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 3048 Sienna Dr, Harvey, LA, 70058 in Harvey at $109,000 earns $857/mo in rent and nets $174/mo after the $490/mo payment, a 9.43% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $30,115 over five years. Ziffy Mortgage underwrites this on a 1.75 DSCR without U.S. credit history. With $1,004/yr in principal paydown, total projected return reaches $53,073.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 9.0% |
| Monthly Cash Flow | $174 | $450 |
City averages based on Harvey market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $857 |
| Total Monthly Debt Service | $632 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1982
2,675 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70058, Harvey, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,473 (100%) |
| Owner Occupied HU | 9,525 (57.8%) |
| Renter Occupied HU | 5,841 (35.5%) |
| Vacant Housing Units | 1,107 ( 6.7%) |
| Median Home Value | $222,383 |
| Average Home Value | $280,517 |
Housing Distribution
Address Breakdown
Residential
15,748
Single Family
13,458
Multi-Family
2,290
Businesses
1,396
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
Townhouse
Built in 1982
2,675 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70058, Harvey, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,473 (100%) |
| Owner Occupied HU | 9,525 (57.8%) |
| Renter Occupied HU | 5,841 (35.5%) |
| Vacant Housing Units | 1,107 ( 6.7%) |
| Median Home Value | $222,383 |
| Average Home Value | $280,517 |
Housing Distribution
Address Breakdown
Residential
15,748
Single Family
13,458
Multi-Family
2,290
Businesses
1,396
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Betsy Wilson • LATTER & BLUM (LATT10)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2444571
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