532 Esteban StArabiLA70032
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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 Arabi at 532 Esteban St, Arabi, LA, 70032 with 5% annual appreciation on a $198,800 basis while $1,962/mo rent supports operations. Total monthly income totals $1,962/mo and a $973/mo payment preserves $721/mo for cash returns. Annual cash flow comes to $8,651/yr on $65,902 deployed, and return on cash invested reaches 33.04% in year one. Equity gained on principal adds $1,283/yr, and five-year appreciation sums $54,925 alongside rental yield of 11.84%. Five-year ROI measures 173.3% and total cumulative return in cash totals $114,207.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,962/mo property income versus a $973/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70032, Arabi, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,267 (100%) |
| Owner Occupied HU | 1,383 (61.0%) |
| Renter Occupied HU | 683 (30.1%) |
| Vacant Housing Units | 201 ( 8.9%) |
| Median Home Value | $230,800 |
| Average Home Value | $267,035 |
Housing Distribution
Address Breakdown
Residential
2,351
Single Family
2,316
Multi-Family
35
Businesses
227
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