356 Firethorn Dr, Gretna, LA, 70056 | $210/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Gretna at 356 Firethorn Dr, Gretna, LA, 70056 priced at $226,000 converts $1,610/mo rent into $210/mo cash flow after a $1,106/mo obligation. Total monthly income equals $1,610/mo, and annual cash flow totals $2,522/yr on $74,919 invested. Return on cash invested prints 23.28% in year one, and rental yield reads 8.55% against a $226,000 entry. Equity gained on principal adds $1,458/yr, while 5% annual appreciation compiles into $62,440 by year five. Five-year ROI reaches 120.96% and total cumulative return in cash sums $90,623. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,610/mo property income covering a $1,106/mo payment, not borrower’s personal income.

Single Family

Built in 1972

6,298 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