5236 Richland DrMarreroLA70072
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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
Rental property for sale in Marrero at 5236 Richland Dr, Marrero, LA, 70072 priced at $281,000 converts $1,920/mo rent into $180/mo cash flow after a $1,375/mo obligation. Total monthly income equals $1,920/mo, and annual cash flow totals $2,156/yr on $93,152 invested. Return on cash invested prints 22.22% in year one, and rental yield reads 8.2% against a $281,000 entry. Equity gained on principal adds $1,813/yr, while 5% annual appreciation compiles into $77,635 by year five. Five-year ROI reaches 115.27% and total cumulative return in cash sums $107,375. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $1,375/mo payment, not borrower’s personal income.
Single Family
Built in 2002
9,199 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70072, Marrero, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,976 (100%) |
| Owner Occupied HU | 15,926 (69.3%) |
| Renter Occupied HU | 5,606 (24.4%) |
| Vacant Housing Units | 1,444 ( 6.3%) |
| Median Home Value | $242,947 |
| Average Home Value | $279,908 |
Housing Distribution
Address Breakdown
Residential
22,298
Single Family
21,129
Multi-Family
1,169
Businesses
1,330
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Listed by: Karen Stokes • Fleur De Lis Realty Group
Mls Name: GSREIN
Mls Provider:
Mls ID: #2493237
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.