6100 Clearwater DrSlidellLA70460
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 6100 Clearwater Dr, Slidell, LA, 70460 in Slidell. Priced at $255,000, it generates $2,213/mo in gross rent and $616/mo in net monthly cash flow, a 10.41% yield that comfortably supports the 1.93 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $7,394. Five-year appreciation: $70,452. Equity from principal paydown: $2,349/yr. Total projected cumulative return: $136,439.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 9.7% |
| Monthly Cash Flow | $616 | $285 |
City averages based on Slidell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,213 |
| Total Monthly Debt Service | $1,495 |
| DSCR Ratio | 1.48x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1996
10,806 sqft lot
$N/A/sqft
$17 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70460, Slidell, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,824 (100%) |
| Owner Occupied HU | 6,870 (69.9%) |
| Renter Occupied HU | 2,314 (23.6%) |
| Vacant Housing Units | 640 ( 6.5%) |
| Median Home Value | $215,235 |
| Average Home Value | $269,710 |
Housing Distribution
Address Breakdown
Residential
9,301
Single Family
8,744
Multi-Family
557
Businesses
527
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
Single Family
Built in 1996
10,806 sqft lot
$N/A/sqft
$17 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70460, Slidell, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,824 (100%) |
| Owner Occupied HU | 6,870 (69.9%) |
| Renter Occupied HU | 2,314 (23.6%) |
| Vacant Housing Units | 640 ( 6.5%) |
| Median Home Value | $215,235 |
| Average Home Value | $269,710 |
Housing Distribution
Address Breakdown
Residential
9,301
Single Family
8,744
Multi-Family
557
Businesses
527
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicole Pellerin • The Pellerin Group NOLA LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2537582
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.