245 Louise CtGretnaLA70056
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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
Total monthly income runs $1,056/mo, and a $1,174/mo payment. Purchase price stands at $239,900, and rental yield measures 5.28% with $1,056/mo rent. Return on cash invested shows 13.34% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 67.67% and total cumulative return in cash records $53,815. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,056/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,000 sqft 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
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Listed by: Feras Ayyad • NOLA Living Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2506340
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.