34 Ashton StGretnaLA70053
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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 Gretna at 34 Ashton St, Gretna, LA, 70053 offers a 9.79% rental yield on a $364,400 purchase with $2,974/mo rent. Total monthly income registers $2,974/mo, and a $1,784/mo payment leaves $716/mo available for distribution. Annual cash flow reaches $8,595/yr on $120,799 to close, and return on cash invested stands at 27.02% in year one. Equity gained on principal adds $2,351/yr while 5% annual appreciation supports $100,677 over five years. Portfolio math shows five-year ROI at 141.03% and total cumulative return in cash at $170,363. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,974/mo property income against a $1,784/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70053, Gretna, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,605 (100%) |
| Owner Occupied HU | 3,144 (41.3%) |
| Renter Occupied HU | 3,573 (47.0%) |
| Vacant Housing Units | 888 (11.7%) |
| Median Home Value | $292,284 |
| Average Home Value | $358,441 |
Housing Distribution
Address Breakdown
Residential
7,382
Single Family
6,384
Multi-Family
998
Businesses
1,152
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