21 Ormond Pl, Destrehan, LA, 70047 | $273/mo Cash Flow

For Sale

Listed for sale 6 days ago

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
761 sft

201 Canal St APT G, Metairie, LA, 70005

2 Bed
1 Bath
600 sft

257 Cherokee St APT 2, New Orleans, LA, 70118

Investment Property+ 1 more

2 Bed
2 Bath
1600 sft

1939-41 N Tonti St, New Orleans, LA, 70119

3 Bed
1 Bath
1077 sft

302 Magnolia Ave, La Place, LA, 70068

Nearby investment properties with comparable prices

Investment Property+ 1 more

2 Bed
2 Bath
1453 sft

2717 2nd St, New Orleans, LA, 70113

2 Bed
3 Bath
1265 sft

1012 Saint Julien Dr APT B4, Kenner, LA, 70065

2 Bed
1 Bath
993 sft

915 Isbell St, Gretna, LA, 70053

3 Bed
2 Bath
1070 sft

1501 Grant St, La Place, LA, 70068

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Destrehan at 21 Ormond Pl, Destrehan, LA, 70047 priced at $199,900 pairs $1,511/mo rent with $273/mo cash flow after a $978/mo payment. Total monthly income equals $1,511/mo, and annual cash flow comes to $3,278/yr on $66,267 invested. Return on cash invested is 24.85% in year one, and rental yield stands at 9.07% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 129.44% and total cumulative return in cash reaches $85,777. For financing, Ziffy Mortgage’s DSCR program evaluates $1,511/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.

Townhouse

Built in 1984

1,703 sqft lot

$N/A/sqft

No HOA