40216 Hendrix LnPonchatoulaLA70454
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 40216 Hendrix Ln, Ponchatoula, LA, 70454 uses $91,163 cash to close to unlock $4,062/yr annual cash flow and $339/mo monthly cash flow. Total monthly income runs $2,042/mo, and a $1,346/mo payment keeps the spread at $339/mo. Purchase price stands at $275,000, and rental yield measures 8.91% with $2,042/mo rent. Return on cash invested shows 24.36% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 126.75% and total cumulative return in cash records $115,547. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,042/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Multi Family
Built in 2007
0.29 Acres 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: Will Frederick • Keller Williams Realty Services
Mls Name: GSREIN
Mls ID: #2529245