40033 Emerald Dr #BPonchatoulaLA70454
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 40033 Emerald Dr #B, Ponchatoula, LA, 70454 earns $217/mo cash flow from $1,365/mo rent with a $871/mo payment. Total monthly income totals $1,365/mo, and annual cash flow totals $2,601/yr on $59,007 capital. ROI tracks 24.32% on current figures, and rental yield reads 9.2% at a $178,000 purchase. Equity gained on principal adds $1,149/yr, and 5% annual appreciation supports $49,178 over five years. Five-year ROI reaches 126.82% and total cumulative return in cash sums $74,833. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,365/mo property income instead of your personal income.
Townhouse
Built in 1998
5,662 sqft lot
$N/A/sqft
$550 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tori Mamolo • ENRG Global Realty, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2502084
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.