37036 Rivergate AveGeismarLA70734
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 37036 Rivergate Ave, Geismar, LA, 70734 in Geismar earns a 8.85% gross yield at $268,000. Rent of $1,977/mo nets $317/mo after the $1,205/mo mortgage. The 1.64 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $74,043 and $2,468/yr in equity accumulation project a total cumulative return of $122,048.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.5% |
| Monthly Cash Flow | $317 | $650 |
City averages based on Geismar market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,977 |
| Total Monthly Debt Service | $1,553 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2006
6,969 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
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
Single Family
Built in 2006
6,969 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices