614 Bellingrath Ln, Slidell, LA, 70458 | $172/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Slidell at 614 Bellingrath Ln, Slidell, LA, 70458 priced at $379,000 converts $2,520/mo rent into $172/mo cash flow after a $1,855/mo obligation. Total monthly income equals $2,520/mo, and annual cash flow totals $2,068/yr on $125,639 invested. Return on cash invested prints 21.55% in year one, and rental yield reads 7.98% against a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation compiles into $104,711 by year five. Five-year ROI reaches 111.69% and total cumulative return in cash sums $140,327. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,520/mo property income covering a $1,855/mo payment, not borrower’s personal income.

Single Family

Built in 2006

8,365 sqft lot

$N/A/sqft

No 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