69382 Racehorse RdPearl RiverLA70452
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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 Pearl River at 69382 Racehorse Rd, Pearl River, LA, 70452 uses $44,421 cash to close to unlock $5,878/yr annual cash flow and $490/mo monthly cash flow. Total monthly income runs $1,320/mo, and a $656/mo payment keeps the spread at $490/mo. Purchase price stands at $134,000, and rental yield measures 11.82% with $1,320/mo rent. Return on cash invested shows 33.14% in year one, and 5% annual appreciation builds toward $37,022 over five years. Five-year ROI reaches 173.83% and total cumulative return in cash records $77,219. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,320/mo property income covering a $656/mo payment rather than investor’s personal income.
Single Family
Built in 1975
2.04 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: Nathan Bell • Keller Williams NOLA Northlake
Mls Name: GSREIN
Mls Provider:
Mls ID: #2481447
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