100 Marley DrHammondLA70401
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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 Hammond at 100 Marley Dr, Hammond, LA, 70401 priced at $129,900 converts $1,380/mo rent into $575/mo cash flow after a $636/mo obligation. Total monthly income equals $1,380/mo, and annual cash flow totals $6,902/yr on $43,062 invested. Return on cash invested prints 35.94% in year one, and rental yield reads 12.75% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 188.9% and total cumulative return in cash sums $81,343. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,380/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1976
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70401, Hammond, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,489 (100%) |
| Owner Occupied HU | 4,568 (43.6%) |
| Renter Occupied HU | 4,475 (42.7%) |
| Vacant Housing Units | 1,446 (13.8%) |
| Median Home Value | $253,902 |
| Average Home Value | $283,549 |
Housing Distribution
Address Breakdown
Residential
9,636
Single Family
9,246
Multi-Family
390
Businesses
929
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Listed by: Cathy Hollie • RE/MAX Northshore
Mls Name: GSREIN
Mls Provider:
Mls ID: #2510745
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.