45084 Shadow Creek DrHammondLA70401
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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 Hammond at 45084 Shadow Creek Dr, Hammond, LA, 70401 generates $1,440/mo in rent, after a $1,221/mo payment. Total monthly income is $1,440/mo. Return on cash invested sits at 18.38% in year one, and rental yield is 6.93% on a $249,500 entry. Equity gained on principal adds $1,610/yr, while 5% annual appreciation builds toward $68,932 over five years. Five-year ROI reaches 94.67% and total cumulative return in cash sums $78,297. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70401, Hammond, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,489 (100%) |
| Owner Occupied HU | 4,568 (43.6%) |
| Renter Occupied HU | 4,475 (42.7%) |
| Vacant Housing Units | 1,446 (13.8%) |
| Median Home Value | $253,902 |
| Average Home Value | $283,549 |
Housing Distribution
Address Breakdown
Residential
9,636
Single Family
9,246
Multi-Family
390
Businesses
929
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Listed by: Ronald Luman • Keller Williams Realty Services
Mls Name: GSREIN
Mls Provider:
Mls ID: #2482623
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