40768 Chinchas Creek 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 40768 Chinchas Creek Rd, Slidell, LA, 70461 earns $1,210/mo cash flow from $2,250/mo rent with a $822/mo payment. Total monthly income totals $2,250/mo, and annual cash flow totals $14,515/yr on $55,692 capital. ROI tracks 45.97% on current figures, and rental yield reads 16.07% at a $168,000 purchase. Equity gained on principal adds $1,084/yr, and 5% annual appreciation supports $46,415 over five years. Five-year ROI reaches 242.65% and total cumulative return in cash sums $135,137. 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 1981
6,067 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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