42401 Salt Grass 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
Rental property for sale in Ponchatoula at 42401 Salt Grass Dr, Ponchatoula, LA, 70454 generates $2,160/mo in rent, after a $1,804/mo payment. Total monthly income is $2,160/mo. Return on cash invested sits at 18.5% in year one, and rental yield is 7.03% on a $368,500 entry. Equity gained on principal adds $2,378/yr, while 5% annual appreciation builds toward $101,810 over five years. Five-year ROI reaches 95.39% and total cumulative return in cash sums $116,522. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
0.25 Acres lot
$N/A/sqft
$240 annually 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: Shanna Thibodeaux • Canal & Main Realty
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025009377
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 ROAM MLS.