161 N Pine St,Gramercy,LA,70052

Investment Highlights

Investment property for sale in Gramercy at 161 N Pine St, Gramercy, LA, 70052 at $123,000 posts ROI 32.8% with $438/mo cash flow from $1,200/mo rent. Total monthly income equals $1,200/mo, and annual cash flow records $5,257/yr on $40,775 to close. Return on cash invested measures 32.8% and rental yield reads 11.71% at the current $123,000. Equity gained on principal adds $794/yr, and 5% annual appreciation supports $33,983 by year five. Five-year ROI prints 172.08% and total cumulative return in cash totals $70,165.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,200/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).