322 3rd StPearl RiverLA70452
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 322 3rd St, Pearl River, LA, 70452 in Pearl River: $1,745/mo in rent, $599/mo net, 11.32% gross yield, all on a $184,900 acquisition. The 2.10 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $51,084 in value, and $1,703/yr in principal paydown steadily builds equity. Projected total cumulative return: $108,740.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 7.0% |
| Monthly Cash Flow | $599 | $300 |
City averages based on Pearl River market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,745 |
| Total Monthly Debt Service | $1,072 |
| DSCR Ratio | 1.63x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2001
6,067 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70452, Pearl River, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,901 (100%) |
| Owner Occupied HU | 4,286 (72.6%) |
| Renter Occupied HU | 1,067 (18.1%) |
| Vacant Housing Units | 548 ( 9.3%) |
| Median Home Value | $257,636 |
| Average Home Value | $259,868 |
Housing Distribution
Address Breakdown
Residential
5,546
Single Family
5,529
Multi-Family
17
Businesses
262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2001
6,067 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70452, Pearl River, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,901 (100%) |
| Owner Occupied HU | 4,286 (72.6%) |
| Renter Occupied HU | 1,067 (18.1%) |
| Vacant Housing Units | 548 ( 9.3%) |
| Median Home Value | $257,636 |
| Average Home Value | $259,868 |
Housing Distribution
Address Breakdown
Residential
5,546
Single Family
5,529
Multi-Family
17
Businesses
262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Monier • Davis Realty Group, LLC
Mls Name: GSREIN
Mls ID: #2539495