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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Westwego at 713 Chipley St, Westwego, LA, 70094 priced at $175,000 converts $1,457/mo rent into $373/mo cash flow after a $857/mo obligation. Total monthly income equals $1,457/mo, and annual cash flow totals $4,470/yr on $58,013 invested. Return on cash invested prints 27.61% in year one, and rental yield reads 9.99% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 144.21% and total cumulative return in cash sums $83,659. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,457/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 1964
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 70094, Westwego, LA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,153 (100%) |
| Owner Occupied HU | 7,662 (58.3%) |
| Renter Occupied HU | 4,035 (30.7%) |
| Vacant Housing Units | 1,456 (11.1%) |
| Median Home Value | $178,255 |
| Average Home Value | $242,467 |
Residential
13,007
Single Family
12,126
Multi-Family
881
Businesses
497
Date | Event | Price |
|---|---|---|
| 2025-05-07 | Listed for sale | $175,000 |
| 2020-02-27 | Sold | N/A |
| 2019-02-28 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-07 | $244.10 | -0.00% | $10,450 | N/A |
| 2022-05-07 | $244.11 | -59.37% | $10,450 | N/A |
| 2021-05-07 | $600.77 | 0.42% | $10,450 | N/A |
What's Special
Pull Down Stairs
Listed by: Nicole Larcombe • ERA PowerMark Properties
Mls Name: GSREIN
Mls Provider:
Mls ID: #2500520
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.
