860 Oak StSlidellLA70458
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 Slidell at 860 Oak St, Slidell, LA, 70458 at $145,500 posts ROI 24.78% with $196/mo cash flow from $1,097/mo rent. Total monthly income equals $1,097/mo, and annual cash flow records $2,350/yr on $48,233 to close. Return on cash invested measures 24.78% and rental yield reads 9.05% at the current $145,500. Equity gained on principal adds $939/yr, and 5% annual appreciation supports $40,199 by year five. Five-year ROI prints 128.97% and total cumulative return in cash totals $62,205.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,097/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
8,058 sqft 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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