325 2nd StWestwegoLA70094
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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 Westwego at 325 2nd St, Westwego, LA, 70094 uses $72,565 cash to close to unlock $5,333/yr annual cash flow and $444/mo monthly cash flow. Total monthly income runs $1,800/mo, and a $1,071/mo payment keeps the spread at $444/mo. Purchase price stands at $218,900, and rental yield measures 9.87% with $1,800/mo rent. Return on cash invested shows 27.26% in year one, and 5% annual appreciation builds toward $60,478 over five years. Five-year ROI reaches 142.3% and total cumulative return in cash records $103,262. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $1,071/mo payment rather than investor’s personal income.
Single Family
Built in 1962
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70094, Westwego, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,153 (100%) |
| Owner Occupied HU | 7,662 (58.3%) |
| Renter Occupied HU | 4,035 (30.7%) |
| Vacant Housing Units | 1,456 (11.1%) |
| Median Home Value | $178,255 |
| Average Home Value | $242,467 |
Housing Distribution
Address Breakdown
Residential
13,007
Single Family
12,126
Multi-Family
881
Businesses
497
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Listed by: Mary Dominach • Mirambell Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2498761
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.