500 Transcontinental DrMetairieLA70001
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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 500 Transcontinental Dr, Metairie, LA, 70001 earns $158/mo cash flow from $1,443/mo rent with a $1,015/mo payment. Total monthly income totals $1,443/mo, and annual cash flow totals $1,901/yr on $68,753 capital. ROI tracks 22.67% on current figures, and rental yield reads 8.35% at a $207,400 purchase. Equity gained on principal adds $1,338/yr, and 5% annual appreciation supports $57,301 over five years. Five-year ROI reaches 117.73% and total cumulative return in cash sums $80,943. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,443/mo property income instead of your personal income.
Single Family
Built in 1950
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70001, Metairie, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,123 (100%) |
| Owner Occupied HU | 8,964 (44.5%) |
| Renter Occupied HU | 9,454 (47.0%) |
| Vacant Housing Units | 1,705 ( 8.5%) |
| Median Home Value | $339,838 |
| Average Home Value | $407,426 |
Housing Distribution
Address Breakdown
Residential
19,374
Single Family
13,074
Multi-Family
6,300
Businesses
1,480
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Listed by: Sumer Simone • Crown Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2464147
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