532 Phyllis DrAvondaleLA70094
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 Avondale at 532 Phyllis Dr, Avondale, LA, 70094 with 5% annual appreciation on a $100,000 basis while $802/mo rent supports operations. Total monthly income totals $802/mo and a $489/mo payment preserves $183/mo for cash returns. Annual cash flow comes to $2,196/yr on $33,150 deployed, and return on cash invested reaches 26.53% in year one. Equity gained on principal adds $645/yr, and five-year appreciation sums $27,628 alongside rental yield of 9.62%. Five-year ROI measures 138.33% and total cumulative return in cash totals $45,856.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $802/mo property income versus a $489/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70094, Westwego, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,153 (100%) |
| Owner Occupied HU | 7,662 (58.3%) |
| Renter Occupied HU | 4,035 (30.7%) |
| Vacant Housing Units | 1,456 (11.1%) |
| Median Home Value | $178,255 |
| Average Home Value | $242,467 |
Housing Distribution
Address Breakdown
Residential
13,007
Single Family
12,126
Multi-Family
881
Businesses
497
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Listed by: Kent Larrimer • RE/MAX Select
Mls Name: GSREIN
Mls Provider:
Mls ID: #2483521
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