510 Hermitage CtPearl RiverLA70452
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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 Pearl River at 510 Hermitage Ct, Pearl River, LA, 70452 listed at $380,000 pairs $2,730/mo rent with a $1,860/mo payment to leave $376/mo cash flow. Total monthly income runs $2,730/mo, and annual cash flow reaches $4,512/yr on $125,970 cash to close. Return on cash invested measures 23.49% in year one, and rental yield registers 8.62% at a $380,000 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,987 by year five. Five-year ROI tracks 122.05% and total cumulative return in cash totals $153,745. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,730/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70452, Pearl River, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,901 (100%) |
| Owner Occupied HU | 4,286 (72.6%) |
| Renter Occupied HU | 1,067 (18.1%) |
| Vacant Housing Units | 548 ( 9.3%) |
| Median Home Value | $257,636 |
| Average Home Value | $259,868 |
Housing Distribution
Address Breakdown
Residential
5,546
Single Family
5,529
Multi-Family
17
Businesses
262
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Listed by: KELLY WAGNER • Realty One Group Immobilia
Mls Name: GSREIN
Mls ID: #2529939