2230 Ormond Blvd,Destrehan,LA,70047

Investment Highlights

Investment property for sale in Destrehan at 2230 Ormond Blvd, Destrehan, LA, 70047 offers a 10.33% rental yield on a $539,900 purchase with $4,648/mo rent. Total monthly income registers $4,648/mo, and a $2,643/mo payment leaves $1,303/mo available for distribution. Annual cash flow reaches $15,638/yr on $177,627 to close, and return on cash invested stands at 28.86% in year one. Equity gained on principal adds $3,484/yr while 5% annual appreciation supports $149,164 over five years. Portfolio math shows five-year ROI at 150.86% and total cumulative return in cash at $267,967. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,648/mo property income against a $2,643/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.