5067 Betty Mae StLafitteLA70067
Nearby investment properties with comparable rents
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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 Lafitte at 5067 Betty Mae St, Lafitte, LA, 70067 offers a 8.09% rental yield on a $299,900 purchase with $2,022/mo rent. Total monthly income registers $2,022/mo, and a $1,468/mo payment leaves $164/mo available for distribution. Annual cash flow reaches $1,970/yr on $99,417 to close, and return on cash invested stands at 21.89% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 113.51% and total cumulative return in cash at $112,852. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,022/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70067, Lafitte, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,187 (100%) |
| Owner Occupied HU | 909 (76.6%) |
| Renter Occupied HU | 133 (11.2%) |
| Vacant Housing Units | 145 (12.2%) |
| Median Home Value | $324,028 |
| Average Home Value | $335,941 |
Housing Distribution
Address Breakdown
Residential
1,043
Single Family
1,043
Multi-Family
0
Businesses
56
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Listed by: Joy Naylon • RE/MAX Affiliates
Mls Name: GSREIN
Mls Provider:
Mls ID: #2450511
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