305 A Ormond Meadows 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
Investment property for sale in Destrehan at 305 A Ormond Meadows Dr, Destrehan, LA, 70047 with 5% annual appreciation on a $189,500 basis while $1,740/mo rent supports operations. Total monthly income totals $1,740/mo and a $928/mo payment preserves $566/mo for cash returns. Annual cash flow comes to $6,788/yr on $62,819 deployed, and return on cash invested reaches 30.71% in year one. Equity gained on principal adds $1,223/yr, and five-year appreciation sums $52,355 alongside rental yield of 11.02%. Five-year ROI measures 160.82% and total cumulative return in cash totals $101,027.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,740/mo property income versus a $928/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1982
4,403 sqft lot
$N/A/sqft
No HOA
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Listed by: Catherine Gerrets • EZ Realty, Inc.
Mls Name: GSREIN
Mls Provider:
Mls ID: #2475184
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