6983 Cyprus Bark DrMarreroLA70072
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 6983 Cyprus Bark Dr, Marrero, LA, 70072 in Marrero delivers $2,329/mo in gross rent and $324/mo in net monthly income at a $319,000 entry. The 8.76% yield and 1.62 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $88,134 over five years and $2,938/yr in equity from loan paydown, total projected return is $142,011.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.5% |
| Monthly Cash Flow | $324 | $350 |
City averages based on Marrero market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,329 |
| Total Monthly Debt Service | $1,878 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2018
8,060 sqft lot
$N/A/sqft
$348 annually 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
Nearby investment properties with comparable rents
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
Single Family
Built in 2018
8,060 sqft lot
$N/A/sqft
$348 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Nguyen • ARMSTRONG REALTY
Mls Name: GSREIN
Mls Provider:
Mls ID: #2496491
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.