919 S Cumberland StMetairieLA70003
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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 Metairie at 919 S Cumberland St, Metairie, LA, 70003 priced at $124,900 pairs $955/mo rent with $182/mo cash flow after a $611/mo payment. Total monthly income equals $955/mo, and annual cash flow comes to $2,180/yr on $41,404 invested. Return on cash invested is 25.17% in year one, and rental yield stands at 9.18% on a $124,900 basis. Equity gained on principal adds $806/yr, and 5% annual appreciation accumulates to $34,508 by year five. Five-year ROI measures 131.11% and total cumulative return in cash reaches $54,286. For financing, Ziffy Mortgage’s DSCR program evaluates $955/mo property income against a $611/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2015
4,600 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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