6516 Lauren 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 6516 Lauren Dr, Slidell, LA, 70460 offers a 8.17% rental yield on a $269,500 purchase with $1,835/mo rent. Total monthly income registers $1,835/mo, and a $1,319/mo payment leaves $149/mo available for distribution. Annual cash flow reaches $1,788/yr on $89,339 to close, and return on cash invested stands at 21.91% in year one. Equity gained on principal adds $1,739/yr while 5% annual appreciation supports $74,458 over five years. Portfolio math shows five-year ROI at 113.65% and total cumulative return in cash at $101,532. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,835/mo property income against a $1,319/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
8,276 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: Holley Hartdegen • Wayne Songy & Associates
Mls Name: GSREIN
Mls Provider:
Mls ID: #2495615
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.