42421 Grassy LnPonchatoulaLA70454
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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 Ponchatoula at 42421 Grassy Ln, Ponchatoula, LA, 70454 uses $104,423 cash to close to unlock $1,062/yr annual cash flow and $89/mo monthly cash flow. Total monthly income runs $2,040/mo, and a $1,542/mo payment keeps the spread at $89/mo. Purchase price stands at $315,000, and rental yield measures 7.77% with $2,040/mo rent. Return on cash invested shows 20.93% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 108.32% and total cumulative return in cash records $113,105. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 2001
3.58 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: Laney Davis • CHT Group Real Estate, LLC
Mls Name: ROAM MLS
Mls ID: #2025017624