45 Muirfield DrLa PlaceLA70068
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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
Total monthly income runs $2,400/mo, and a $2,814/mo payment. Purchase price stands at $575,000, and rental yield measures 5.01% with $2,400/mo rent. Return on cash invested shows 11.74% in year one, and 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 59.37% and total cumulative return in cash records $112,307. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $2,814/mo payment rather than investor’s personal income.
Single Family
Built in 2000
N/A lot
$N/A/sqft
$520 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70068, La Place, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,259 (100%) |
| Owner Occupied HU | 9,434 (71.2%) |
| Renter Occupied HU | 2,587 (19.5%) |
| Vacant Housing Units | 1,238 ( 9.3%) |
| Median Home Value | $205,082 |
| Average Home Value | $234,209 |
Housing Distribution
Address Breakdown
Residential
12,920
Single Family
12,439
Multi-Family
481
Businesses
862
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Listed by: Patricia Pangelinan • Keller Williams Realty New Orleans
Mls Name: GSREIN
Mls Provider:
Mls ID: #2522022
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