850 N Airline AveGramercyLA70052
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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 Gramercy at 850 N Airline Ave, Gramercy, LA, 70052 at $119,900 posts ROI 25.41% with $182/mo cash flow from $925/mo rent. Total monthly income equals $925/mo, and annual cash flow records $2,186/yr on $39,747 to close. Return on cash invested measures 25.41% and rental yield reads 9.26% at the current $119,900. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 by year five. Five-year ROI prints 132.45% and total cumulative return in cash totals $52,644.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $925/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
8,276 sqft lot
$N/A/sqft
No HOA
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Listed by: Karen Moore • Keller Williams Realty-First Choice
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024019139
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. Copyright 2025 ROAM MLS.