717 Beverly Garden DrMetairieLA70002
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
Investment Highlights
Investment property for sale in Metairie at 717 Beverly Garden Dr, Metairie, LA, 70002 at $354,999 posts ROI 23.24% with $327/mo cash flow from $2,526/mo rent. Total monthly income equals $2,526/mo, and annual cash flow records $3,918/yr on $117,682 to close. Return on cash invested measures 23.24% and rental yield reads 8.54% at the current $354,999. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 by year five. Five-year ROI prints 120.72% and total cumulative return in cash totals $142,067.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,526/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
6,804 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70002, Metairie, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,572 (100%) |
| Owner Occupied HU | 4,532 (47.3%) |
| Renter Occupied HU | 4,178 (43.6%) |
| Vacant Housing Units | 862 ( 9.0%) |
| Median Home Value | $392,874 |
| Average Home Value | $433,147 |
Housing Distribution
Address Breakdown
Residential
9,473
Single Family
5,506
Multi-Family
3,967
Businesses
2,303
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Listed by: Aimee Curole • 23 Realty, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2455006
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