45360 Morris RdHammondLA70401
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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 Hammond at 45360 Morris Rd, Hammond, LA, 70401 earns $209/mo cash flow from $1,912/mo rent with a $1,346/mo payment. Total monthly income totals $1,912/mo, and annual cash flow totals $2,502/yr on $91,163 capital. ROI tracks 22.65% on current figures, and rental yield reads 8.34% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 117.59% and total cumulative return in cash sums $107,195. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,912/mo property income instead of your personal income.
Single Family
Built in 2019
6.91 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: Lynsie White • Monument Real Estate, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2513767
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.