4516 Beau Lac LnMetairieLA70002
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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 Metairie at 4516 Beau Lac Ln, Metairie, LA, 70002 priced at $595,000 converts $3,694/mo rent into $9/mo cash flow after a $2,912/mo obligation. Total monthly income equals $3,694/mo, and annual cash flow totals $102/yr on $195,755 invested. Return on cash invested prints 20.11% in year one, and rental yield reads 7.45% against a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation compiles into $164,388 by year five. Five-year ROI reaches 103.91% and total cumulative return in cash sums $203,414. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,694/mo property income covering a $2,912/mo payment, not borrower’s personal income.
Single Family
Built in 1973
6,630 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70002, Metairie, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,572 (100%) |
| Owner Occupied HU | 4,532 (47.3%) |
| Renter Occupied HU | 4,178 (43.6%) |
| Vacant Housing Units | 862 ( 9.0%) |
| Median Home Value | $392,874 |
| Average Home Value | $433,147 |
Housing Distribution
Address Breakdown
Residential
9,473
Single Family
5,506
Multi-Family
3,967
Businesses
2,303
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Listed by: Allen Leone • LEONE GNO REALTY LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2495630
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.