20466 Providence Park BlvdHammondLA70401
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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
Rental property for sale in Hammond at 20466 Providence Park Blvd, Hammond, LA, 70401 generates $1,894/mo in rent and, after a $1,174/mo payment, leaves $331/mo in cash flow. Total monthly income is $1,894/mo, and annual cash flow is $3,975/yr on $79,527 invested. Return on cash invested sits at 24.91% in year one, and rental yield is 9.47% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 130.11% and total cumulative return in cash sums $103,471. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,894/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
0.27 Acres lot
$N/A/sqft
$400 annually 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
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Listed by: Michele Pourciau • LPT Realty, LLC
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025009038
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. Copyright 2025 ROAM MLS.