3126 Independence St APT B, Metairie, LA, 70006 | 9.64% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Metairie at 3126 Independence St APT B, Metairie, LA, 70006 listed at $150,000 pairs $1,205/mo rent with a $734/mo payment. Total monthly income runs $1,205/mo. Return on cash invested measures 18.12% in year one, and rental yield registers 9.64% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 96.33% and total cumulative return in cash totals $47,898. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,205/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 1973

5,400 sqft lot

$N/A/sqft

$350 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70006, Metairie, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,026 (100%)
Owner Occupied HU	4,080 (58.1%)
Renter Occupied HU	2,300 (32.7%)
Vacant Housing Units	646 ( 9.2%)
Median Home Value	$353,857
Average Home Value	$409,112