308 Robin StSlidellLA70458
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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 Slidell at 308 Robin St, Slidell, LA, 70458 priced at $147,600 converts $1,858/mo rent into $944/mo cash flow after a $722/mo obligation. Total monthly income equals $1,858/mo, and annual cash flow totals $11,329/yr on $48,929 invested. Return on cash invested prints 43.06% in year one, and rental yield reads 15.11% against a $147,600 entry. Equity gained on principal adds $952/yr, while 5% annual appreciation compiles into $40,779 by year five. Five-year ROI reaches 227.1% and total cumulative return in cash sums $111,116. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,858/mo property income covering a $722/mo payment, not borrower’s personal income.
Townhouse
Built in N/A
7,800 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
16,866
Single Family
14,807
Multi-Family
2,059
Businesses
1,542
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Listed by: Jennifer Lacoste • KELLER WILLIAMS REALTY 455-0100
Mls Name: GSREIN
Mls Provider:
Mls ID: #2029676
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.