1025 Romain StGretnaLA70053
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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 Gretna at 1025 Romain St, Gretna, LA, 70053 with 5% annual appreciation on a $177,633 basis while $1,564/mo rent supports operations. Total monthly income totals $1,564/mo and a $869/mo payment preserves $398/mo for cash returns. Annual cash flow comes to $4,775/yr on $58,885 deployed, and return on cash invested reaches 28.02% in year one. Equity gained on principal adds $1,146/yr, and five-year appreciation sums $49,077 alongside rental yield of 10.57%. Five-year ROI measures 146.82% and total cumulative return in cash totals $86,454.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,564/mo property income versus a $869/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70053, Gretna, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,605 (100%) |
| Owner Occupied HU | 3,144 (41.3%) |
| Renter Occupied HU | 3,573 (47.0%) |
| Vacant Housing Units | 888 (11.7%) |
| Median Home Value | $292,284 |
| Average Home Value | $358,441 |
Housing Distribution
Address Breakdown
Residential
7,382
Single Family
6,384
Multi-Family
998
Businesses
1,152
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