40381 Cara Mae StSlidellLA70461
Nearby investment properties with comparable rents
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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 Slidell at 40381 Cara Mae St, Slidell, LA, 70461 earns $673/mo cash flow from $2,250/mo rent with a $1,213/mo payment. Total monthly income totals $2,250/mo, and annual cash flow totals $8,077/yr on $82,179 capital. ROI tracks 29.74% on current figures, and rental yield reads 10.89% at a $247,900 purchase. Equity gained on principal adds $1,600/yr, and 5% annual appreciation supports $68,490 over five years. Five-year ROI reaches 155.83% and total cumulative return in cash sums $128,063. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,250/mo property income instead of your personal income.
Single Family
Built in 2025
5,984 sqft lot
$N/A/sqft
$500 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: #2475433
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