588 Claiborne Trails DrSlidellLA70458
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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 Slidell at 588 Claiborne Trails Dr, Slidell, LA, 70458 at $348,500 posts ROI 23.36% with $332/mo cash flow from $2,520/mo rent. Total monthly income equals $2,520/mo, and annual cash flow records $3,981/yr on $115,528 to close. Return on cash invested measures 23.36% and rental yield reads 8.68% at the current $348,500. Equity gained on principal adds $2,249/yr, and 5% annual appreciation supports $96,284 by year five. Five-year ROI prints 121.43% and total cumulative return in cash totals $140,291.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,520/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
8,709 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70458, Slidell, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,015 (100%) |
| Owner Occupied HU | 11,890 (66.0%) |
| Renter Occupied HU | 5,061 (28.1%) |
| Vacant Housing Units | 1,064 ( 5.9%) |
| Median Home Value | $249,480 |
| Average Home Value | $278,064 |
Housing Distribution
Address Breakdown
Residential
16,866
Single Family
14,807
Multi-Family
2,059
Businesses
1,542
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Listed by: Darnell Godwin • Premier Edge Real Estate
Mls Name: GSREIN
Mls Provider:
Mls ID: #2473565
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. [Click here for more information](/info/mls-disclaimers/#mls_250)