34 Ormond Pl #34DestrehanLA70047
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 34 Ormond Pl #34, Destrehan, LA, 70047 in Destrehan hard to pass up. The 13.54% gross yield on a $163,300 purchase results in $1,843/mo in rent and $832/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.51). Annual cash flow of $9,980, five-year appreciation of $45,117, and $1,504/yr in equity build-up combine for a projected total cumulative return of $115,459.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.5% | 8.0% |
| Monthly Cash Flow | $832 | $850 |
City averages based on Destrehan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,843 |
| Total Monthly Debt Service | $947 |
| DSCR Ratio | 1.95x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
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
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices