411 Schlief DrBelle ChasseLA70037
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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
Rental property for sale in Belle Chasse at 411 Schlief Dr, Belle Chasse, LA, 70037 generates $2,647/mo in rent and, after a $1,713/mo payment, leaves $479/mo in cash flow. Total monthly income is $2,647/mo, and annual cash flow is $5,748/yr on $116,025 invested. Return on cash invested sits at 24.86% in year one, and rental yield is 9.08% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 129.41% and total cumulative return in cash sums $150,146. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,647/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
8,232 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70037, Belle Chasse, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,100 (100%) |
| Owner Occupied HU | 3,816 (62.6%) |
| Renter Occupied HU | 1,832 (30.0%) |
| Vacant Housing Units | 452 ( 7.4%) |
| Median Home Value | $403,320 |
| Average Home Value | $428,728 |
Housing Distribution
Address Breakdown
Residential
6,817
Single Family
6,719
Multi-Family
98
Businesses
754
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Listed by: Gary Ogle • Sound Realty LLC
Mls Name: GSREIN
Mls ID: #2529823