3878 Seagull CirSlidellLA70461
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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 Slidell at 3878 Seagull Cir, Slidell, LA, 70461 offers $1,390/mo rent that, after a $1,003/mo payment, leaves $62/mo cash flow. Total monthly income is $1,390/mo, and annual cash flow is $748/yr on $67,924 cash. Return on cash invested measures 21.01% in year one, and rental yield stands at 8.14% at a $204,900 entry. Equity gained on principal adds $1,322/yr while 5% annual appreciation compounds into $56,610 by year five. Five-year ROI records 109.18% and total cumulative return in cash reaches $74,158. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,390/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
5,286 sqft lot
$N/A/sqft
$700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70461, Slidell, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,007 (100%) |
| Owner Occupied HU | 9,970 (71.2%) |
| Renter Occupied HU | 2,897 (20.7%) |
| Vacant Housing Units | 1,140 ( 8.1%) |
| Median Home Value | $277,803 |
| Average Home Value | $314,708 |
Housing Distribution
Address Breakdown
Residential
13,478
Single Family
12,464
Multi-Family
1,014
Businesses
579
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Listed by: Melissa Duncan • D.R.Horton Realty of Louisiana
Mls Name: GSREIN
Mls Provider:
Mls ID: #2471722
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