536 Fairfield AveGretnaLA70056
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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 Gretna at 536 Fairfield Ave, Gretna, LA, 70056 earns $3,168/mo cash flow from $6,365/mo rent with a $2,365/mo payment. Total monthly income totals $6,365/mo, and annual cash flow totals $38,011/yr on $160,148 capital. ROI tracks 43.64% on current figures, and rental yield reads 15.81% at a $483,100 purchase. Equity gained on principal adds $3,117/yr, and 5% annual appreciation supports $133,472 over five years. Five-year ROI reaches 230.69% and total cumulative return in cash sums $369,438. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,365/mo property income instead of your personal income.
Single Family
Built in 1981
3 Acres lot
$N/A/sqft
$20 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70056, Gretna, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,069 (100%) |
| Owner Occupied HU | 8,668 (53.9%) |
| Renter Occupied HU | 6,434 (40.0%) |
| Vacant Housing Units | 967 ( 6.0%) |
| Median Home Value | $255,596 |
| Average Home Value | $301,359 |
Housing Distribution
Address Breakdown
Residential
15,667
Single Family
11,692
Multi-Family
3,975
Businesses
1,094
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