42210 Pimlott St #BPonchatoulaLA70454
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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
Rental property for sale in Ponchatoula at 42210 Pimlott St #B, Ponchatoula, LA, 70454 generates $1,502/mo in rent and, after a $969/mo payment, leaves $276/mo in cash flow. Total monthly income is $1,502/mo, and annual cash flow is $3,307/yr on $65,637 invested. Return on cash invested sits at 24.95% in year one, and rental yield is 9.1% on a $198,000 entry. Equity gained on principal adds $1,278/yr, while 5% annual appreciation builds toward $54,704 over five years. Five-year ROI reaches 129.9% and total cumulative return in cash sums $85,264. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,502/mo property income rather than buyer’s personal income.
Condo
Built in 2009
0.25 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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