39642 Fairhope DrPonchatoulaLA70454
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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
Investment Highlights
Investment property for sale in Ponchatoula at 39642 Fairhope Dr, Ponchatoula, LA, 70454 uses $89,174 cash to close to unlock $5,883/yr annual cash flow and $490/mo monthly cash flow. Total monthly income runs $2,208/mo, and a $1,317/mo payment keeps the spread at $490/mo. Purchase price stands at $269,000, and rental yield measures 9.85% with $2,208/mo rent. Return on cash invested shows 26.51% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 138.51% and total cumulative return in cash records $123,515. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,208/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Single Family
Built in 2022
8,276 sqft lot
$N/A/sqft
$255 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70454, Ponchatoula, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,026 (100%) |
| Owner Occupied HU | 11,220 (74.7%) |
| Renter Occupied HU | 2,717 (18.1%) |
| Vacant Housing Units | 1,089 ( 7.2%) |
| Median Home Value | $234,027 |
| Average Home Value | $258,589 |
Housing Distribution
Address Breakdown
Residential
14,785
Single Family
14,597
Multi-Family
188
Businesses
610
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Listed by: Katie Toups • Blue Heron Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2536167
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.