36283 Westin Ridge DrGeismarLA70734
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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
Rental property for sale in Geismar at 36283 Westin Ridge Dr, Geismar, LA, 70734 generates $3,120/mo in rent, after a $4,870/mo payment. Total monthly income is $3,120/mo. Return on cash invested sits at 8.44% in year one, and rental yield is 3.76% on a $994,900 entry. Equity gained on principal adds $6,420/yr, while 5% annual appreciation builds toward $274,873 over five years. Five-year ROI reaches 41.5% and total cumulative return in cash sums $135,838. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,120/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.55 Acres lot
$N/A/sqft
$1,500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70734, Geismar, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,277 (100%) |
| Owner Occupied HU | 2,679 (81.8%) |
| Renter Occupied HU | 411 (12.5%) |
| Vacant Housing Units | 187 ( 5.7%) |
| Median Home Value | $388,839 |
| Average Home Value | $438,461 |
Housing Distribution
Address Breakdown
Residential
3,100
Single Family
2,859
Multi-Family
241
Businesses
280
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Listed by: Jennifer Chauvin • Audubon Real Estate Associates, LLC
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024002475
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. Copyright 2025 ROAM MLS.