632 Allo AveMarreroLA70072
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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 Marrero at 632 Allo Ave, Marrero, LA, 70072 uses $53,040 cash to close to unlock $3,708/yr annual cash flow and $309/mo monthly cash flow. Total monthly income runs $1,300/mo, and a $783/mo payment keeps the spread at $309/mo. Purchase price stands at $160,000, and rental yield measures 9.75% with $1,300/mo rent. Return on cash invested shows 26.9% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 140.34% and total cumulative return in cash records $74,438. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,300/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1916
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70072, Marrero, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,976 (100%) |
| Owner Occupied HU | 15,926 (69.3%) |
| Renter Occupied HU | 5,606 (24.4%) |
| Vacant Housing Units | 1,444 ( 6.3%) |
| Median Home Value | $242,947 |
| Average Home Value | $279,908 |
Housing Distribution
Address Breakdown
Residential
22,298
Single Family
21,129
Multi-Family
1,169
Businesses
1,330
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Listed by: Alicia Lagarde • ALC REALTY
Mls Name: GSREIN
Mls Provider:
Mls ID: #2490928
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.