3404 Meraux LnVioletLA70092
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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 Violet at 3404 Meraux Ln, Violet, LA, 70092 earns $233/mo cash flow from $1,286/mo rent with a $832/mo payment. Total monthly income totals $1,286/mo, and annual cash flow totals $2,796/yr on $56,355 capital. ROI tracks 24.87% on current figures, and rental yield reads 9.08% at a $170,000 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 129.46% and total cumulative return in cash sums $72,957. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,286/mo property income instead of your personal income.
Single Family
Built in 1982
5,253 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70092, Violet, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,933 (100%) |
| Owner Occupied HU | 1,961 (66.9%) |
| Renter Occupied HU | 791 (27.0%) |
| Vacant Housing Units | 181 ( 6.2%) |
| Median Home Value | $187,877 |
| Average Home Value | $198,005 |
Housing Distribution
Address Breakdown
Residential
2,738
Single Family
2,721
Multi-Family
17
Businesses
76
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