35 Ormond Pl #35,Destrehan,LA,70047

Investment Highlights

Investment property for sale in Destrehan at 35 Ormond Pl #35, Destrehan, LA, 70047 offers a 9.12% rental yield on a $139,900 purchase with $1,063/mo rent. Total monthly income registers $1,063/mo, and a $685/mo payment leaves $196/mo available for distribution. Annual cash flow reaches $2,354/yr on $46,377 to close, and return on cash invested stands at 24.98% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 130.18% and total cumulative return in cash at $60,375. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,063/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.