37036 N Millstone 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
Investment property for sale in Geismar at 37036 N Millstone Dr, Geismar, LA, 70734 earns $157/mo cash flow from $2,167/mo rent with a $1,493/mo payment. Total monthly income totals $2,167/mo, and annual cash flow totals $1,880/yr on $101,108 capital. ROI tracks 21.77% on current figures, and rental yield reads 8.53% at a $305,000 purchase. Equity gained on principal adds $1,968/yr, and 5% annual appreciation supports $84,266 over five years. Five-year ROI reaches 113.35% and total cumulative return in cash sums $114,610. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,167/mo property income instead of your personal income.
Single Family
Built in 2004
10,454 sqft lot
$N/A/sqft
$300 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: Jin Peng • Latter & Blum - Perkins
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025006187
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.