5600 Jean Lafitte BlvdLafitteLA70067
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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 Lafitte at 5600 Jean Lafitte Blvd, Lafitte, LA, 70067 priced at $558,000 pairs $3,367/mo rent with after a $2,731/mo payment. Total monthly income equals $3,367/mo. Return on cash invested is 19.48% in year one, and rental yield stands at 7.24% on a $558,000 basis. Equity gained on principal adds $3,601/yr, and 5% annual appreciation accumulates to $154,165 by year five. Five-year ROI measures 100.5% and total cumulative return in cash reaches $184,501. For financing, Ziffy Mortgage’s DSCR program evaluates $3,367/mo property income against a $2,731/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70067, Lafitte, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,187 (100%) |
| Owner Occupied HU | 909 (76.6%) |
| Renter Occupied HU | 133 (11.2%) |
| Vacant Housing Units | 145 (12.2%) |
| Median Home Value | $324,028 |
| Average Home Value | $335,941 |
Housing Distribution
Address Breakdown
Residential
1,043
Single Family
1,043
Multi-Family
0
Businesses
56
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Listed by: Chastity Bosch • NOLA Living Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2466906
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