243 Holmes BlvdTerrytownLA70056
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Terrytown at 243 Holmes Blvd, Terrytown, LA, 70056 offers a 10.87% rental yield on a $317,900 purchase with $2,880/mo rent. Total monthly income registers $2,880/mo, and a $1,556/mo payment leaves $911/mo available for distribution. Annual cash flow reaches $10,929/yr on $105,384 to close, and return on cash invested stands at 30.28% in year one. Equity gained on principal adds $2,051/yr while 5% annual appreciation supports $87,830 over five years. Portfolio math shows five-year ROI at 158.46% and total cumulative return in cash at $166,996. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,880/mo property income against a $1,556/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70056, Gretna, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,069 (100%) |
| Owner Occupied HU | 8,668 (53.9%) |
| Renter Occupied HU | 6,434 (40.0%) |
| Vacant Housing Units | 967 ( 6.0%) |
| Median Home Value | $255,596 |
| Average Home Value | $301,359 |
Housing Distribution
Address Breakdown
Residential
15,667
Single Family
11,692
Multi-Family
3,975
Businesses
1,094
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
