36 Ormond Pl, Destrehan, LA, 70047 | $300/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 Destrehan at 36 Ormond Pl, Destrehan, LA, 70047 generates $1,538/mo in rent and, after a $978/mo payment, leaves $300/mo in cash flow. Total monthly income is $1,538/mo, and annual cash flow is $3,602/yr on $66,267 invested. Return on cash invested sits at 25.34% in year one, and rental yield is 9.23% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 132.07% and total cumulative return in cash sums $87,517. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,538/mo property income rather than buyer’s personal income.

Townhouse

Built in 1985

2,099 sqft lot

$N/A/sqft

No HOA