513 Goos StWestlakeLA70669
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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 Westlake at 513 Goos St, Westlake, LA, 70669 at $149,000 posts ROI 30.97% with $455/mo cash flow from $1,378/mo rent. Total monthly income equals $1,378/mo, and annual cash flow records $5,464/yr on $49,394 to close. Return on cash invested measures 30.97% and rental yield reads 11.1% at the current $149,000. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 by year five. Five-year ROI prints 162.22% and total cumulative return in cash totals $80,128.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,378/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1947
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70669, Westlake, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,725 (100%) |
| Owner Occupied HU | 3,043 (64.4%) |
| Renter Occupied HU | 1,019 (21.6%) |
| Vacant Housing Units | 663 (14.0%) |
| Median Home Value | $217,396 |
| Average Home Value | $261,461 |
Housing Distribution
Address Breakdown
Residential
4,095
Single Family
3,727
Multi-Family
368
Businesses
310
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Nearby investment properties with comparable prices
Listed by: Mark Fontenot • NextHome New Phase Realty
Mls Name: Greater Southern MLS
Mls ID: #SWL24007013
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.