422 Eden Isles BlvdSlidellLA70458
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Nearby investment properties with comparable prices
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 Slidell at 422 Eden Isles Blvd, Slidell, LA, 70458 generates $2,329/mo in rent and, after a $1,263/mo payment, leaves $721/mo in cash flow. Total monthly income is $2,329/mo, and annual cash flow is $8,647/yr on $85,527 invested. Return on cash invested sits at 30.02% in year one, and rental yield is 10.83% on a $258,000 entry. Equity gained on principal adds $1,665/yr, while 5% annual appreciation builds toward $71,281 over five years. Five-year ROI reaches 157.15% and total cumulative return in cash sums $134,402. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,329/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
0.26 Acres lot
$N/A/sqft
$10 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70458, Slidell, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,015 (100%) |
| Owner Occupied HU | 11,890 (66.0%) |
| Renter Occupied HU | 5,061 (28.1%) |
| Vacant Housing Units | 1,064 ( 5.9%) |
| Median Home Value | $249,480 |
| Average Home Value | $278,064 |
Housing Distribution
Address Breakdown
Residential
16,866
Single Family
14,807
Multi-Family
2,059
Businesses
1,542
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Listed by: Wendy Englande • Century 21 Investment Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2505489
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.