361 Evergreen Dr, Destrehan, LA, 70047 | $623/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 361 Evergreen Dr, Destrehan, LA, 70047 priced at $282,000 pairs $2,370/mo rent with $623/mo cash flow after a $1,380/mo payment. Total monthly income equals $2,370/mo, and annual cash flow comes to $7,481/yr on $93,483 invested. Return on cash invested is 27.91% in year one, and rental yield stands at 10.09% on a $282,000 basis. Equity gained on principal adds $1,820/yr, and 5% annual appreciation accumulates to $77,911 by year five. Five-year ROI measures 145.8% and total cumulative return in cash reaches $136,297. For financing, Ziffy Mortgage’s DSCR program evaluates $2,370/mo property income against a $1,380/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1988

6,098 sqft lot

$N/A/sqft

No HOA