4624 Taft ParkMetairieLA70002
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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
Investment property for sale in Metairie at 4624 Taft Park, Metairie, LA, 70002 listed at $348,000 pairs $2,427/mo rent with a $1,703/mo payment to leave $272/mo cash flow. Total monthly income runs $2,427/mo, and annual cash flow reaches $3,259/yr on $115,362 cash to close. Return on cash invested measures 22.73% in year one, and rental yield registers 8.37% at a $348,000 basis. Equity gained on principal adds $2,246/yr, and annual property appreciation at 5% supports $96,146 by year five. Five-year ROI tracks 118.01% and total cumulative return in cash totals $136,138. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,427/mo property income relative to a $1,703/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
5,000 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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