46015 Dover Dr, Hammond, LA, 70401 | $286/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

Investment property for sale in Hammond at 46015 Dover Dr, Hammond, LA, 70401 listed at $283,830 pairs $2,044/mo rent with a $1,389/mo payment to leave $286/mo cash flow. Total monthly income runs $2,044/mo, and annual cash flow reaches $3,432/yr on $94,090 cash to close. Return on cash invested measures 23.56% in year one, and rental yield registers 8.64% at a $283,830 basis. Equity gained on principal adds $1,832/yr, and annual property appreciation at 5% supports $78,417 by year five. Five-year ROI tracks 122.47% and total cumulative return in cash totals $115,235. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,044/mo property income relative to a $1,389/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2025

9,583 sqft 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