3312 Timberlane Way Dr APT 150HarveyLA70058
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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 Harvey at 3312 Timberlane Way Dr APT 150, Harvey, LA, 70058 listed at $135,900 pairs $1,035/mo rent with a $665/mo payment. Total monthly income runs $1,035/mo. Return on cash invested measures 17.73% in year one, and rental yield registers 9.14% at a $135,900 basis. Equity gained on principal adds $877/yr, and annual property appreciation at 5% supports $37,547 by year five. Five-year ROI tracks 93.94% and total cumulative return in cash totals $42,319. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,035/mo property income relative to a $665/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1993
1,938 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70058, Harvey, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,473 (100%) |
| Owner Occupied HU | 9,525 (57.8%) |
| Renter Occupied HU | 5,841 (35.5%) |
| Vacant Housing Units | 1,107 ( 6.7%) |
| Median Home Value | $222,383 |
| Average Home Value | $280,517 |
Housing Distribution
Address Breakdown
Residential
15,748
Single Family
13,458
Multi-Family
2,290
Businesses
1,396
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Listed by: Sidonia Dufrene • Homesmart Realty South
Mls Name: GSREIN
Mls Provider:
Mls ID: #2493593
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