310 W 163rd StGallianoLA70354
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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 Galliano at 310 W 163rd St, Galliano, LA, 70354 earns $265/mo cash flow from $1,503/mo rent with a $978/mo payment. Total monthly income totals $1,503/mo, and annual cash flow totals $3,182/yr on $66,267 capital. ROI tracks 24.71% on current figures, and rental yield reads 9.02% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 128.66% and total cumulative return in cash sums $85,261. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,503/mo property income instead of your personal income.
Single Family
Built in 1975
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70354, Galliano, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,909 (100%) |
| Owner Occupied HU | 1,243 (65.1%) |
| Renter Occupied HU | 345 (18.1%) |
| Vacant Housing Units | 321 (16.8%) |
| Median Home Value | $144,470 |
| Average Home Value | $171,957 |
Housing Distribution
Address Breakdown
Residential
1,419
Single Family
1,419
Multi-Family
0
Businesses
104
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