747 Spring Thyme DrBelle ChasseLA70037
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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 Belle Chasse at 747 Spring Thyme Dr, Belle Chasse, LA, 70037 uses $187,201 cash to close to unlock $4,612/yr annual cash flow and $384/mo monthly cash flow. Total monthly income runs $3,930/mo, and a $2,785/mo payment keeps the spread at $384/mo. Purchase price stands at $569,000, and rental yield measures 8.29% with $3,930/mo rent. Return on cash invested shows 22.52% in year one, and 5% annual appreciation builds toward $157,204 over five years. Five-year ROI reaches 116.9% and total cumulative return in cash records $218,843. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,930/mo property income covering a $2,785/mo payment rather than investor’s personal income.
Single Family
Built in 2005
N/A lot
$N/A/sqft
$21 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70037, Belle Chasse, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,100 (100%) |
| Owner Occupied HU | 3,816 (62.6%) |
| Renter Occupied HU | 1,832 (30.0%) |
| Vacant Housing Units | 452 ( 7.4%) |
| Median Home Value | $403,320 |
| Average Home Value | $428,728 |
Housing Distribution
Address Breakdown
Residential
6,817
Single Family
6,719
Multi-Family
98
Businesses
754
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