4008 Academy Dr, Metairie, LA, 70003 | $200/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
1741 sft

11030 Willowbrae Dr, New Orleans, LA, 70127

3 Bed
2 Bath
1500 sft

2521 Yorktowne Dr, La Place, LA, 70068

3 Bed
1 Bath
1388 sft

512 Sadie Ave, Metairie, LA, 70003

4 Bed
2 Bath
1855 sft

3210 Elmwood Park Dr, New Orleans, LA, 70114

Nearby investment properties with comparable prices

3 Bed
2 Bath
1292 sft

2732 Cardinal Dr, Marrero, LA, 70072

3 Bed
2 Bath
1658 sft

3101 Primwood Dr, Harvey, LA, 70058

Investment Property+ 1 more

3 Bed
2 Bath
900 sft

2911 Memorial Park Dr, New Orleans, LA, 70114

2 Bed
2 Bath
1265 sft

3911 Connecticut Ave, Kenner, LA, 70065

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Metairie at 4008 Academy Dr, Metairie, LA, 70003 listed at $249,000 pairs $1,743/mo rent with a $1,219/mo payment to leave $200/mo cash flow. Total monthly income runs $1,743/mo, and annual cash flow reaches $2,404/yr on $82,544 cash to close. Return on cash invested measures 22.82% in year one, and rental yield registers 8.4% at a $249,000 basis. Equity gained on principal adds $1,607/yr, and annual property appreciation at 5% supports $68,794 by year five. Five-year ROI tracks 118.49% and total cumulative return in cash totals $97,808. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,743/mo property income relative to a $1,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1955

7,571 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70003, Metairie, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,181 (100%)
Owner Occupied HU	12,007 (69.9%)
Renter Occupied HU	4,056 (23.6%)
Vacant Housing Units	1,118 ( 6.5%)
Median Home Value	$284,249
Average Home Value	$307,002