3106 Highway 44GaryvilleLA70051
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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 Garyville at 3106 Highway 44, Garyville, LA, 70051 uses $78,234 cash to close to unlock $2,546/yr annual cash flow and $212/mo monthly cash flow. Total monthly income runs $1,674/mo, and a $1,155/mo payment keeps the spread at $212/mo. Purchase price stands at $236,000, and rental yield measures 8.51% with $1,674/mo rent. Return on cash invested shows 23.16% in year one, and 5% annual appreciation builds toward $65,202 over five years. Five-year ROI reaches 120.35% and total cumulative return in cash records $94,158. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,674/mo property income covering a $1,155/mo payment rather than investor’s personal income.
Single Family
Built in 1935
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70051, Garyville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 777 (100%) |
| Owner Occupied HU | 503 (64.7%) |
| Renter Occupied HU | 123 (15.8%) |
| Vacant Housing Units | 151 (19.4%) |
| Median Home Value | $163,409 |
| Average Home Value | $179,259 |
Housing Distribution
Address Breakdown
Residential
473
Single Family
473
Multi-Family
0
Businesses
32
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Listed by: Ched Edler • LATTER & BLUM (LATT21)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2454925
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