6129 Clearwater DrSlidellLA70460
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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 6129 Clearwater Dr, Slidell, LA, 70460 uses $88,511 cash to close to unlock $2,156/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $1,876/mo, and a $1,307/mo payment keeps the spread at $180/mo. Purchase price stands at $267,000, and rental yield measures 8.43% with $1,876/mo rent. Return on cash invested shows 22.34% in year one, and 5% annual appreciation builds toward $73,767 over five years. Five-year ROI reaches 116.14% and total cumulative return in cash records $102,799. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,876/mo property income covering a $1,307/mo payment rather than investor’s personal income.
Single Family
Built in 1994
7,840 sqft lot
$N/A/sqft
$200 annually 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
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Listed by: Pekitha West • Compass
Mls Name: GSREIN
Mls Provider:
Mls ID: #2519492
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.