38140 H Armond RdGeismarLA70734
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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 38140 H Armond Rd, Geismar, LA, 70734 uses $74,588 cash to close to unlock $7,254/yr annual cash flow and $605/mo monthly cash flow. Total monthly income runs $1,998/mo, and a $1,101/mo payment keeps the spread at $605/mo. Purchase price stands at $225,000, and rental yield measures 10.66% with $1,998/mo rent. Return on cash invested shows 29.63% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 155.02% and total cumulative return in cash records $115,629. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,998/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 2004
2 Acres 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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