515 5th StPearl RiverLA70452
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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 Pearl River at 515 5th St, Pearl River, LA, 70452 uses $52,709 cash to close to unlock $4,600/yr annual cash flow and $383/mo monthly cash flow. Total monthly income runs $1,368/mo, and a $778/mo payment keeps the spread at $383/mo. Purchase price stands at $159,000, and rental yield measures 10.32% with $1,368/mo rent. Return on cash invested shows 28.64% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 149.71% and total cumulative return in cash records $78,912. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,368/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 2005
6,063 sqft 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
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Listed by: Chloe Conravey-Albert • 1 Percent Lists Premier
Mls Name: GSREIN
Mls ID: #2531903