218 Ormond Oaks Dr,Destrehan,LA,70047

Investment Highlights

Rental property for sale in Destrehan at 218 Ormond Oaks Dr, Destrehan, LA, 70047 generates $2,852/mo in rent and, after a $1,235/mo payment, leaves $1,289/mo in cash flow. Total monthly income is $2,852/mo, and annual cash flow is $15,467/yr on $83,671 invested. Return on cash invested sits at 38.39% in year one, and rental yield is 13.56% on a $252,400 entry. Equity gained on principal adds $1,629/yr, while 5% annual appreciation builds toward $69,733 over five years. Five-year ROI reaches 201.97% and total cumulative return in cash sums $168,991. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,852/mo property income rather than buyer’s personal income.