40049 Emerald Gardens 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 40049 Emerald Gardens Dr, Ponchatoula, LA, 70454 offers a 9.62% rental yield on a $184,999 purchase with $1,483/mo rent. Total monthly income registers $1,483/mo, and a $905/mo payment leaves $338/mo available for distribution. Annual cash flow reaches $4,050/yr on $61,327 to close, and return on cash invested stands at 26.51% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 138.3% and total cumulative return in cash at $84,818. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,483/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1998
5,662 sqft lot
$N/A/sqft
No 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: Samir Patel • NextHome Real Estate Professionals
Mls Name: GSREIN
Mls ID: #2521499