325 Holmes BlvdTerrytownLA70056
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
Rental property for sale in Terrytown at 325 Holmes Blvd, Terrytown, LA, 70056 priced at $310,900 converts $2,880/mo rent into $954/mo cash flow after a $1,522/mo obligation. Total monthly income equals $2,880/mo, and annual cash flow totals $11,446/yr on $103,063 invested. Return on cash invested prints 31.01% in year one, and rental yield reads 11.12% against a $310,900 entry. Equity gained on principal adds $2,006/yr, while 5% annual appreciation compiles into $85,896 by year five. Five-year ROI reaches 162.4% and total cumulative return in cash sums $167,378. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,880/mo property income covering a $1,522/mo payment, not borrower’s personal income.
Single Family
Built in 2025
8,319 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Duncan • D.R.Horton Realty of Louisiana
Mls Name: GSREIN
Mls Provider:
Mls ID: #2508007
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.