5801 Ruth StMetairieLA70003
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 Metairie at 5801 Ruth St, Metairie, LA, 70003 listed at $278,200 pairs $2,964/mo rent with a $1,362/mo payment to leave $1,130/mo cash flow. Total monthly income runs $2,964/mo, and annual cash flow reaches $13,557/yr on $92,223 cash to close. Return on cash invested measures 34.61% in year one, and rental yield registers 12.79% at a $278,200 basis. Equity gained on principal adds $1,795/yr, and annual property appreciation at 5% supports $76,862 by year five. Five-year ROI tracks 182.2% and total cumulative return in cash totals $168,032. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,964/mo property income relative to a $1,362/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70003, Metairie, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,181 (100%) |
| Owner Occupied HU | 12,007 (69.9%) |
| Renter Occupied HU | 4,056 (23.6%) |
| Vacant Housing Units | 1,118 ( 6.5%) |
| Median Home Value | $284,249 |
| Average Home Value | $307,002 |
Housing Distribution
Address Breakdown
Residential
16,818
Single Family
14,912
Multi-Family
1,906
Businesses
763
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices