429 Holmes Blvd, Terrytown, LA, 70056 | $979/mo Cash Flow

For Sale

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

Rental property for sale in Terrytown at 429 Holmes Blvd, Terrytown, LA, 70056 offers $2,700/mo rent that, after a $1,360/mo payment, leaves $979/mo cash flow. Total monthly income is $2,700/mo, and annual cash flow is $11,745/yr on $92,124 cash. Return on cash invested measures 32.66% in year one, and rental yield stands at 11.66% at a $277,900 entry. Equity gained on principal adds $1,793/yr while 5% annual appreciation compounds into $76,779 by year five. Five-year ROI records 171.22% and total cumulative return in cash reaches $157,737. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,700/mo property income versus a $1,360/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2026

9,496 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70056, Gretna, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,069 (100%)
Owner Occupied HU	8,668 (53.9%)
Renter Occupied HU	6,434 (40.0%)
Vacant Housing Units	967 ( 6.0%)
Median Home Value	$255,596
Average Home Value	$301,359