56 Carriage Ln APT B, Destrehan, LA, 70047 | $224/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1482 sft

1435 S Meadow St, Metairie, LA, 70003

2 Bed
1 Bath
1256 sft

104 Jacqueline Dr, Avondale, LA, 70094

3 Bed
2 Bath
1067 sft

2215 Mandeville St, New Orleans, LA, 70117

3 Bed
1 Bath
1225 sft

4008 Prentiss Ave, New Orleans, LA, 70126

Nearby investment properties with comparable prices

3 Bed
2 Bath
1455 sft

2413 Yorktowne Dr, La Place, LA, 70068

2 Bed
1 Bath
750 sft

3210 Arkansas Ave, Kenner, LA, 70065

3 Bed
1 Bath
891 sft

4959 Demontluzin St, New Orleans, LA, 70122

1 Bed
1 Bath
679 sft

2866 Steamship Cir APT 3D, River Ridge, LA, 70123

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Destrehan at 56 Carriage Ln APT B, Destrehan, LA, 70047 priced at $140,000 converts $1,091/mo rent into $224/mo cash flow after a $685/mo obligation. Total monthly income equals $1,091/mo, and annual cash flow totals $2,688/yr on $46,410 invested. Return on cash invested prints 25.7% in year one, and rental yield reads 9.35% against a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,679 by year five. Five-year ROI reaches 133.91% and total cumulative return in cash sums $62,146. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,091/mo property income covering a $685/mo payment, not borrower’s personal income.

Townhouse

Built in 1991

5,100 sqft lot

$N/A/sqft

No HOA