68306 Howard Oberry RdPearl RiverLA70452
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Nearby investment properties with comparable prices
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 Pearl River at 68306 Howard Oberry Rd, Pearl River, LA, 70452 offers a 9.1% rental yield on a $169,000 purchase with $1,282/mo rent. Total monthly income registers $1,282/mo, and a $827/mo payment leaves $235/mo available for distribution. Annual cash flow reaches $2,824/yr on $56,024 to close, and return on cash invested stands at 24.95% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 129.92% and total cumulative return in cash at $72,787. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,282/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70452, Pearl River, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,901 (100%) |
| Owner Occupied HU | 4,286 (72.6%) |
| Renter Occupied HU | 1,067 (18.1%) |
| Vacant Housing Units | 548 ( 9.3%) |
| Median Home Value | $257,636 |
| Average Home Value | $259,868 |
Housing Distribution
Address Breakdown
Residential
5,546
Single Family
5,529
Multi-Family
17
Businesses
262
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Listed by: Janice O'Berry • Engel & Volkers Slidell - Mandeville
Mls Name: GSREIN
Mls ID: #2534537