19044 Collin DrHammondLA70403
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
Investment Highlights
Investment property for sale in Hammond at 19044 Collin Dr, Hammond, LA, 70403 earns $177/mo cash flow from $1,440/mo rent with a $998/mo payment. Total monthly income totals $1,440/mo, and annual cash flow totals $2,122/yr on $67,626 capital. ROI tracks 23.05% on current figures, and rental yield reads 8.47% at a $204,000 purchase. Equity gained on principal adds $1,316/yr, and 5% annual appreciation supports $56,361 over five years. Five-year ROI reaches 119.68% and total cumulative return in cash sums $80,932. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,440/mo property income instead of your personal income.
Single Family
Built in 2003
0.59 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: Jared English • Congress Realty, Inc.
Mls Name: GSREIN
Mls Provider:
Mls ID: #2484518
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. [Click here for more information](/info/mls-disclaimers/#mls_250)