4608 Loveland StMetairieLA70006
Nearby investment properties with comparable rents
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
Investment property for sale in Metairie at 4608 Loveland St, Metairie, LA, 70006 at $299,900 posts ROI 25.72% with $481/mo cash flow from $2,339/mo rent. Total monthly income equals $2,339/mo, and annual cash flow records $5,774/yr on $99,417 to close. Return on cash invested measures 25.72% and rental yield reads 9.36% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 134.03% and total cumulative return in cash totals $133,252.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,339/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
7,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70006, Metairie, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,026 (100%) |
| Owner Occupied HU | 4,080 (58.1%) |
| Renter Occupied HU | 2,300 (32.7%) |
| Vacant Housing Units | 646 ( 9.2%) |
| Median Home Value | $353,857 |
| Average Home Value | $409,112 |
Housing Distribution
Address Breakdown
Residential
6,786
Single Family
5,481
Multi-Family
1,305
Businesses
908
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Listed by: Eric Hernandez • NOLA Living Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2503513
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.