47 Davis BlvdJeffersonLA70121
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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 Jefferson at 47 Davis Blvd, Jefferson, LA, 70121 uses $50,057 cash to close to unlock $3,200/yr annual cash flow and $267/mo monthly cash flow. Total monthly income runs $1,202/mo, and a $739/mo payment keeps the spread at $267/mo. Purchase price stands at $151,000, and rental yield measures 9.55% with $1,202/mo rent. Return on cash invested shows 26.3% in year one, and 5% annual appreciation builds toward $41,719 over five years. Five-year ROI reaches 137.16% and total cumulative return in cash records $68,660. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,202/mo property income covering a $739/mo payment rather than investor’s personal income.
Single Family
Built in 1950
5,311 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70121, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,242 (100%) |
| Owner Occupied HU | 3,086 (49.4%) |
| Renter Occupied HU | 2,522 (40.4%) |
| Vacant Housing Units | 634 (10.2%) |
| Median Home Value | $284,768 |
| Average Home Value | $318,145 |
Housing Distribution
Address Breakdown
Residential
6,071
Single Family
5,168
Multi-Family
903
Businesses
614
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Listed by: Patrice Serino • Serino Realty Group, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2498699
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.