805 W Howze Beach RdSlidellLA70458
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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
Rental property for sale in Slidell at 805 W Howze Beach Rd, Slidell, LA, 70458 priced at $135,000 pairs $1,101/mo rent with $265/mo cash flow after a $661/mo payment. Total monthly income equals $1,101/mo, and annual cash flow comes to $3,174/yr on $44,753 invested. Return on cash invested is 27% in year one, and rental yield stands at 9.79% on a $135,000 basis. Equity gained on principal adds $871/yr, and 5% annual appreciation accumulates to $37,298 by year five. Five-year ROI measures 140.94% and total cumulative return in cash reaches $63,073. For financing, Ziffy Mortgage’s DSCR program evaluates $1,101/mo property income against a $661/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70458, Slidell, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,015 (100%) |
| Owner Occupied HU | 11,890 (66.0%) |
| Renter Occupied HU | 5,061 (28.1%) |
| Vacant Housing Units | 1,064 ( 5.9%) |
| Median Home Value | $249,480 |
| Average Home Value | $278,064 |
Housing Distribution
Address Breakdown
Residential
16,866
Single Family
14,807
Multi-Family
2,059
Businesses
1,542
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Listed by: Jennifer Johnson • Baylane Property Services
Mls Name: GSREIN
Mls Provider:
Mls ID: #2506092
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.