620 Hesper AveMetairieLA70005
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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 Metairie at 620 Hesper Ave, Metairie, LA, 70005 at $659,000 posts ROI 28.52% with $1,529/mo cash flow from $5,611/mo rent. Total monthly income equals $5,611/mo, and annual cash flow records $18,352/yr on $216,811 to close. Return on cash invested measures 28.52% and rental yield reads 10.22% at the current $659,000. Equity gained on principal adds $4,252/yr, and 5% annual appreciation supports $182,070 by year five. Five-year ROI prints 149.03% and total cumulative return in cash totals $323,107.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,611/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1998
5,553 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70005, Metairie, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,735 (100%) |
| Owner Occupied HU | 7,413 (58.2%) |
| Renter Occupied HU | 4,248 (33.4%) |
| Vacant Housing Units | 1,074 ( 8.4%) |
| Median Home Value | $427,446 |
| Average Home Value | $580,693 |
Housing Distribution
Address Breakdown
Residential
12,470
Single Family
9,844
Multi-Family
2,626
Businesses
879
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