








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Slidell at 46 Birdie Dr #8B, Slidell, LA, 70460 generates $834/mo in rent and, after a $538/mo payment, leaves $153/mo in cash flow. Total monthly income is $834/mo, and annual cash flow is $1,836/yr on $36,465 invested. Return on cash invested sits at 24.94% in year one, and rental yield is 9.1% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 129.82% and total cumulative return in cash sums $47,340. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $834/mo property income rather than buyer’s personal income.
Condo
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 70460, Slidell, LA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,824 (100%) |
| Owner Occupied HU | 6,870 (69.9%) |
| Renter Occupied HU | 2,314 (23.6%) |
| Vacant Housing Units | 640 ( 6.5%) |
| Median Home Value | $215,235 |
| Average Home Value | $269,710 |
Residential
9,301
Single Family
8,744
Multi-Family
557
Businesses
527
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jennifer Blanchard • KELLER WILLIAMS REALTY 455-0100
Mls Name: GSREIN
Mls ID: #2521964