822 Provision Ct UNIT AGramercyLA70052
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
Rental property for sale in Gramercy at 822 Provision Ct UNIT A, Gramercy, LA, 70052 offers $1,200/mo rent that, after a $734/mo payment, leaves $21/mo cash flow. Total monthly income is $1,200/mo, and annual cash flow is $252/yr on $49,725 cash. Return on cash invested measures 20.42% in year one, and rental yield stands at 9.6% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 107.72% and total cumulative return in cash reaches $53,562. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,200/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dawn P Warren • Premiere Choice Realty, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2482190
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. [Click here for more information](/info/mls-disclaimers/#mls_250)