417 Romain St, Gretna, LA, 70053 | $1,012/mo Cash Flow

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Gretna at 417 Romain St, Gretna, LA, 70053 listed at $193,100 pairs $2,208/mo rent with a $945/mo payment to leave $1,012/mo cash flow. Total monthly income runs $2,208/mo, and annual cash flow reaches $12,144/yr on $64,013 cash to close. Return on cash invested measures 38.88% in year one, and rental yield registers 13.72% at a $193,100 basis. Equity gained on principal adds $1,246/yr, and annual property appreciation at 5% supports $53,350 by year five. Five-year ROI tracks 204.56% and total cumulative return in cash totals $130,946. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,208/mo property income relative to a $945/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in N/A

1 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70053, Gretna, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,605 (100%)
Owner Occupied HU	3,144 (41.3%)
Renter Occupied HU	3,573 (47.0%)
Vacant Housing Units	888 (11.7%)
Median Home Value	$292,284
Average Home Value	$358,441