12032 Anna DrHammondLA70403
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis is a cash-flow-light asset: 12032 Anna Dr, Hammond, LA, 70403 in Hammond, $334,900, 7.81% gross yield, $106/mo net income. Consider it a market-entry position, the $2,181/mo rent covers the $1,506/mo payment with a margin, and 5%/yr appreciation is projected to add $92,527 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.45) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $133,852.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 8.5% |
| Monthly Cash Flow | $106 | $350 |
City averages based on Hammond market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,181 |
| Total Monthly Debt Service | $1,941 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2006
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70403, Hammond, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,272 (100%) |
| Owner Occupied HU | 7,937 (55.6%) |
| Renter Occupied HU | 4,834 (33.9%) |
| Vacant Housing Units | 1,501 (10.5%) |
| Median Home Value | $238,630 |
| Average Home Value | $244,778 |
Housing Distribution
Address Breakdown
Residential
13,598
Single Family
12,795
Multi-Family
803
Businesses
1,099
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
Single Family
Built in 2006
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70403, Hammond, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,272 (100%) |
| Owner Occupied HU | 7,937 (55.6%) |
| Renter Occupied HU | 4,834 (33.9%) |
| Vacant Housing Units | 1,501 (10.5%) |
| Median Home Value | $238,630 |
| Average Home Value | $244,778 |
Housing Distribution
Address Breakdown
Residential
13,598
Single Family
12,795
Multi-Family
803
Businesses
1,099
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Schulte • Keller Williams Realty Services
Mls Name: GSREIN
Mls Provider:
Mls ID: #2497860
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.