37036 Rivergate AveGeismarLA70734
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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 Rivergate Ave, Geismar, LA, 70734 listed at $268,000 pairs $1,977/mo rent with a $1,312/mo payment to leave $317/mo cash flow. Total monthly income runs $1,977/mo, and annual cash flow reaches $3,799/yr on $88,842 cash to close. Return on cash invested measures 24.19% in year one, and rental yield registers 8.85% at a $268,000 basis. Equity gained on principal adds $1,729/yr, and annual property appreciation at 5% supports $74,043 by year five. Five-year ROI tracks 125.8% and total cumulative return in cash totals $111,765. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,977/mo property income relative to a $1,312/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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