3118 Meadowood DrSlaughterLA70777
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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 Slaughter at 3118 Meadowood Dr, Slaughter, LA, 70777 offers a 10.83% rental yield on a $225,300 purchase with $2,034/mo rent. Total monthly income registers $2,034/mo, and a $1,103/mo payment leaves $638/mo available for distribution. Annual cash flow reaches $7,657/yr on $74,687 to close, and return on cash invested stands at 30.16% in year one. Equity gained on principal adds $1,454/yr while 5% annual appreciation supports $62,246 over five years. Portfolio math shows five-year ROI at 157.88% and total cumulative return in cash at $117,919. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,034/mo property income against a $1,103/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70777, Slaughter, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,797 (100%) |
| Owner Occupied HU | 1,425 (79.3%) |
| Renter Occupied HU | 184 (10.2%) |
| Vacant Housing Units | 188 (10.5%) |
| Median Home Value | $269,242 |
| Average Home Value | $297,686 |
Housing Distribution
Address Breakdown
Residential
1,643
Single Family
1,643
Multi-Family
0
Businesses
85
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