409 Oak StHahnvilleLA70057
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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 Hahnville at 409 Oak St, Hahnville, LA, 70057 offers a 9.53% rental yield on a $229,900 purchase with $1,826/mo rent. Total monthly income registers $1,826/mo, and a $1,125/mo payment leaves $402/mo available for distribution. Annual cash flow reaches $4,826/yr on $76,212 to close, and return on cash invested stands at 26.24% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 136.86% and total cumulative return in cash at $104,303. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,826/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70057, Hahnville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,756 (100%) |
| Owner Occupied HU | 1,267 (72.2%) |
| Renter Occupied HU | 288 (16.4%) |
| Vacant Housing Units | 201 (11.4%) |
| Median Home Value | $250,839 |
| Average Home Value | $249,096 |
Housing Distribution
Address Breakdown
Residential
1,290
Single Family
1,290
Multi-Family
0
Businesses
85
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Listed by: C J Edler • LATTER & BLUM (LATT21)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2508488
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