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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Waggaman at 9 Four Oclock Ln, Waggaman, LA, 70094 priced at $100,700 converts $792/mo rent into $168/mo cash flow after a $493/mo obligation. Total monthly income equals $792/mo, and annual cash flow totals $2,017/yr on $33,382 invested. Return on cash invested prints 25.95% in year one, and rental yield reads 9.44% against a $100,700 entry. Equity gained on principal adds $650/yr, while 5% annual appreciation compiles into $27,822 by year five. Five-year ROI reaches 135.4% and total cumulative return in cash sums $45,200. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $792/mo property income covering a $493/mo payment, not borrower’s personal income.
Single Family
Built in 1960
5,400 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 70094, Westwego, LA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,153 (100%) |
| Owner Occupied HU | 7,662 (58.3%) |
| Renter Occupied HU | 4,035 (30.7%) |
| Vacant Housing Units | 1,456 (11.1%) |
| Median Home Value | $178,255 |
| Average Home Value | $242,467 |
Residential
13,007
Single Family
12,126
Multi-Family
881
Businesses
497
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tom Bookhardt • United Real Estate Partners LLC
Mls Name: GSREIN
Mls ID: #2529242
