2369 Ormond BlvdDestrehanLA70047
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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
Investment property for sale in Destrehan at 2369 Ormond Blvd, Destrehan, LA, 70047 earns $317/mo cash flow from $3,057/mo rent with a $2,129/mo payment. Total monthly income totals $3,057/mo, and annual cash flow totals $3,802/yr on $144,203 capital. ROI tracks 22.55% on current figures, and rental yield reads 8.43% at a $435,000 purchase. Equity gained on principal adds $2,807/yr, and 5% annual appreciation supports $120,182 over five years. Five-year ROI reaches 117.12% and total cumulative return in cash sums $168,888. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,057/mo property income instead of your personal income.
Single Family
Built in 1986
0.32 Acres lot
$N/A/sqft
No HOA
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Listed by: Robert Carroll • RE/MAX Select
Mls Name: GSREIN
Mls Provider:
Mls ID: #2509329
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.