14430 W David DrHammondLA70401
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 14430 W David Dr, Hammond, LA, 70401 in Hammond at $120,000 earns $902/mo in rent and nets $147/mo after the $540/mo payment, a 9.02% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $33,154 over five years. Ziffy Mortgage underwrites this on a 1.67 DSCR without U.S. credit history. With $1,105/yr in principal paydown, total projected return reaches $55,689.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 8.5% |
| Monthly Cash Flow | $147 | $350 |
City averages based on Hammond market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $902 |
| Total Monthly Debt Service | $696 |
| DSCR Ratio | 1.30x |
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 1974
9,657 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
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 1974
9,657 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tiffini Helg • Blue Heron Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2477138
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