809 Oakwood DrGretnaLA70056
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Gretna at 809 Oakwood Dr, Gretna, LA, 70056 listed at $235,400 pairs $2,856/mo rent with a $1,152/mo payment to leave $1,272/mo cash flow. Total monthly income runs $2,856/mo, and annual cash flow reaches $15,260/yr on $78,035 cash to close. Return on cash invested measures 39.46% in year one, and rental yield registers 14.56% at a $235,400 basis. Equity gained on principal adds $1,519/yr, and annual property appreciation at 5% supports $65,037 by year five. Five-year ROI tracks 208.41% and total cumulative return in cash totals $162,634. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,856/mo property income relative to a $1,152/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
9,583 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 |
Housing Distribution
Address Breakdown
Residential
15,667
Single Family
11,692
Multi-Family
3,975
Businesses
1,094
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices