5 W Priscilla LnWaggamanLA70094
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
Rental property for sale in Waggaman at 5 W Priscilla Ln, Waggaman, LA, 70094 offers $1,920/mo rent that, after a $2,246/mo payment. Total monthly income is $1,920/mo. Return on cash invested measures 12.63% in year one, and rental yield stands at 5.02% at a $458,900 entry. Equity gained on principal adds $2,961/yr while 5% annual appreciation compounds into $126,786 by year five. Five-year ROI records 63.83% and total cumulative return in cash reaches $97,108. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,920/mo property income versus a $2,246/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70094, Westwego, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,153 (100%) |
| Owner Occupied HU | 7,662 (58.3%) |
| Renter Occupied HU | 4,035 (30.7%) |
| Vacant Housing Units | 1,456 (11.1%) |
| Median Home Value | $178,255 |
| Average Home Value | $242,467 |
Housing Distribution
Address Breakdown
Residential
13,007
Single Family
12,126
Multi-Family
881
Businesses
497
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Listed by: Tommy Gressaffa, Jr. • Lakewood Realty LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2467442
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