4017 W Esplanade AveMetairieLA70002
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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 Metairie at 4017 W Esplanade Ave, Metairie, LA, 70002 earns $158/mo cash flow from $2,196/mo rent with a $1,610/mo payment. Total monthly income totals $2,196/mo, and annual cash flow totals $1,900/yr on $109,064 capital. ROI tracks 21.65% on current figures, and rental yield reads 8.01% at a $329,000 purchase. Equity gained on principal adds $2,123/yr, and 5% annual appreciation supports $90,897 over five years. Five-year ROI reaches 112.21% and total cumulative return in cash sums $122,385. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,196/mo property income instead of your personal income.
Single Family
Built in 1970
5,092 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70002, Metairie, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,572 (100%) |
| Owner Occupied HU | 4,532 (47.3%) |
| Renter Occupied HU | 4,178 (43.6%) |
| Vacant Housing Units | 862 ( 9.0%) |
| Median Home Value | $392,874 |
| Average Home Value | $433,147 |
Housing Distribution
Address Breakdown
Residential
9,473
Single Family
5,506
Multi-Family
3,967
Businesses
2,303
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Listed by: Yosef Greenwald • Jon Huffman Real Estate
Mls Name: GSREIN
Mls Provider:
Mls ID: #2512781
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.