509 Garretts Prime RunPearl RiverLA70452
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
Investment property for sale in Pearl River at 509 Garretts Prime Run, Pearl River, LA, 70452 earns $204/mo cash flow from $1,009/mo rent with a $636/mo payment. Total monthly income totals $1,009/mo, and annual cash flow totals $2,450/yr on $43,062 capital. ROI tracks 25.6% on current figures, and rental yield reads 9.32% at a $129,900 purchase. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 over five years. Five-year ROI reaches 133.47% and total cumulative return in cash sums $57,475. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,009/mo property income instead of your personal income.
Manufactured
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70452, Pearl River, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,901 (100%) |
| Owner Occupied HU | 4,286 (72.6%) |
| Renter Occupied HU | 1,067 (18.1%) |
| Vacant Housing Units | 548 ( 9.3%) |
| Median Home Value | $257,636 |
| Average Home Value | $259,868 |
Housing Distribution
Address Breakdown
Residential
5,546
Single Family
5,529
Multi-Family
17
Businesses
262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephen Molero • ERA Top Agent Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2463046
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. [Click here for more information](/info/mls-disclaimers/#mls_250)