545 N Marlin CtTerrytownLA70056
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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 Terrytown at 545 N Marlin Ct, Terrytown, LA, 70056 uses $86,157 cash to close to unlock $2,726/yr annual cash flow and $227/mo monthly cash flow. Total monthly income runs $1,837/mo, and a $1,272/mo payment keeps the spread at $227/mo. Purchase price stands at $259,900, and rental yield measures 8.48% with $1,837/mo rent. Return on cash invested shows 23.07% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 119.86% and total cumulative return in cash records $103,270. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,837/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 1973
8,250 sqft lot
$N/A/sqft
No 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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Listed by: Jessica Breaux • LATTER & BLUM (LATT10)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2483318
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