340 George StWestwegoLA70094
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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
Investment Highlights
Investment property for sale in Westwego at 340 George St, Westwego, LA, 70094 at $160,000 posts ROI 24.89% with $220/mo cash flow from $1,211/mo rent. Total monthly income equals $1,211/mo, and annual cash flow records $2,640/yr on $53,040 to close. Return on cash invested measures 24.89% and rental yield reads 9.08% at the current $160,000. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 by year five. Five-year ROI prints 129.53% and total cumulative return in cash totals $68,702.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,211/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
7,500 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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