40664 Ranch RdSlidellLA70461
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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 40664 Ranch Rd, Slidell, LA, 70461 uses $53,040 cash to close to unlock $2,880/yr annual cash flow and $240/mo monthly cash flow. Total monthly income runs $1,231/mo, and a $783/mo payment keeps the spread at $240/mo. Purchase price stands at $160,000, and rental yield measures 9.23% with $1,231/mo rent. Return on cash invested shows 25.34% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 131.97% and total cumulative return in cash records $69,998. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,231/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1999
6,033 sqft lot
$N/A/sqft
No 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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