48381 Red Fox 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
Total monthly income runs $1,354/mo, and a $1,126/mo payment. Purchase price stands at $229,999, and rental yield measures 7.06% with $1,354/mo rent. Return on cash invested shows 18.4% in year one, and 5% annual appreciation builds toward $63,544 over five years. Five-year ROI reaches 94.87% and total cumulative return in cash records $72,330. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,354/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 2023
0.29 Acres lot
$N/A/sqft
$300 annually 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: Kelae Gatlin • Clear To Close Realty
Mls Name: GCLRA
Mls Provider:
Mls ID: #2503147
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.