302 Ormond Meadows Dr APT A, Destrehan, LA, 70047 | $642/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Destrehan at 302 Ormond Meadows Dr APT A, Destrehan, LA, 70047 with 5% annual appreciation on a $169,000 basis while $1,689/mo rent supports operations. Total monthly income totals $1,689/mo and a $827/mo payment preserves $642/mo for cash returns. Annual cash flow comes to $7,708/yr on $56,024 deployed, and return on cash invested reaches 33.67% in year one. Equity gained on principal adds $1,091/yr, and five-year appreciation sums $46,692 alongside rental yield of 11.99%. Five-year ROI measures 176.68% and total cumulative return in cash totals $98,983.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,689/mo property income versus a $827/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Townhouse

Built in 1982

4,432 sqft lot

$N/A/sqft

No HOA