26 Pine LnHammondLA70401
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 Hammond at 26 Pine Ln, Hammond, LA, 70401 at $395,000 posts ROI 25.21% with $578/mo cash flow from $3,079/mo rent. Total monthly income equals $3,079/mo, and annual cash flow records $6,940/yr on $130,943 to close. Return on cash invested measures 25.21% and rental yield reads 9.35% at the current $395,000. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 by year five. Five-year ROI prints 131.47% and total cumulative return in cash totals $172,146.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,079/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1997
0.28 Acres lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70401, Hammond, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,489 (100%) |
| Owner Occupied HU | 4,568 (43.6%) |
| Renter Occupied HU | 4,475 (42.7%) |
| Vacant Housing Units | 1,446 (13.8%) |
| Median Home Value | $253,902 |
| Average Home Value | $283,549 |
Housing Distribution
Address Breakdown
Residential
9,636
Single Family
9,246
Multi-Family
390
Businesses
929
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Nearby investment properties with comparable prices
Listed by: Tiffany Pierce • NextHome Real Estate Professionals
Mls Name: GSREIN
Mls Provider:
Mls ID: #2481180
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