34 Ormond Pl #34,Destrehan,LA,70047

Investment Highlights

Investment property for sale in Destrehan at 34 Ormond Pl #34, Destrehan, LA, 70047 at $163,300 posts ROI 38.35% with $832/mo cash flow from $1,843/mo rent. Total monthly income equals $1,843/mo, and annual cash flow records $9,981/yr on $54,134 to close. Return on cash invested measures 38.35% and rental yield reads 13.54% at the current $163,300. Equity gained on principal adds $1,054/yr, and 5% annual appreciation supports $45,117 by year five. Five-year ROI prints 201.73% and total cumulative return in cash totals $109,206.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,843/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).