801 N Upland AveMetairieLA70003
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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 Metairie at 801 N Upland Ave, Metairie, LA, 70003 offers a 9.43% rental yield on a $140,500 purchase with $1,104/mo rent. Total monthly income registers $1,104/mo, and a $688/mo payment leaves $233/mo available for distribution. Annual cash flow reaches $2,800/yr on $46,576 to close, and return on cash invested stands at 25.92% in year one. Equity gained on principal adds $907/yr while 5% annual appreciation supports $38,818 over five years. Portfolio math shows five-year ROI at 135.18% and total cumulative return in cash at $62,963. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,104/mo property income against a $688/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
5,458 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70003, Metairie, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,181 (100%) |
| Owner Occupied HU | 12,007 (69.9%) |
| Renter Occupied HU | 4,056 (23.6%) |
| Vacant Housing Units | 1,118 ( 6.5%) |
| Median Home Value | $284,249 |
| Average Home Value | $307,002 |
Housing Distribution
Address Breakdown
Residential
16,818
Single Family
14,912
Multi-Family
1,906
Businesses
763
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