728 Morningside Dr, Gretna, LA, 70056 | $201/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 Gretna at 728 Morningside Dr, Gretna, LA, 70056 earns $201/mo cash flow from $1,496/mo rent with a $1,023/mo payment. Total monthly income totals $1,496/mo, and annual cash flow totals $2,416/yr on $69,284 capital. ROI tracks 23.4% on current figures, and rental yield reads 8.59% at a $209,000 purchase. Equity gained on principal adds $1,349/yr, and 5% annual appreciation supports $57,743 over five years. Five-year ROI reaches 121.61% and total cumulative return in cash sums $84,254. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,496/mo property income instead of your personal income.

Single Family

Built in 1976

7,705 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70056, Gretna, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,069 (100%)
Owner Occupied HU	8,668 (53.9%)
Renter Occupied HU	6,434 (40.0%)
Vacant Housing Units	967 ( 6.0%)
Median Home Value	$255,596
Average Home Value	$301,359