3 Oakland DrDestrehanLA70047
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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
Rental property for sale in Destrehan at 3 Oakland Dr, Destrehan, LA, 70047 priced at $293,000 converts $2,370/mo rent into $551/mo cash flow after a $1,434/mo obligation. Total monthly income equals $2,370/mo, and annual cash flow totals $6,617/yr on $97,130 invested. Return on cash invested prints 26.72% in year one, and rental yield reads 9.71% against a $293,000 entry. Equity gained on principal adds $1,891/yr, while 5% annual appreciation compiles into $80,951 by year five. Five-year ROI reaches 139.43% and total cumulative return in cash sums $135,430. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,370/mo property income covering a $1,434/mo payment, not borrower’s personal income.
Single Family
Built in 1980
9,226 sqft lot
$N/A/sqft
No HOA
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Listed by: Michelle Roy • Michelle Roy
Mls Name: GSREIN
Mls Provider:
Mls ID: #2511184
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.