89 Ormond Meadows Dr, Destrehan, LA, 70047 | $297/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

Rental property for sale in Destrehan at 89 Ormond Meadows Dr, Destrehan, LA, 70047 generates $1,307/mo in rent and, after a $798/mo payment, leaves $297/mo in cash flow. Total monthly income is $1,307/mo, and annual cash flow is $3,565/yr on $54,035 invested. Return on cash invested sits at 26.51% in year one, and rental yield is 9.62% on a $163,000 entry. Equity gained on principal adds $1,052/yr, while 5% annual appreciation builds toward $45,034 over five years. Five-year ROI reaches 138.33% and total cumulative return in cash sums $74,743. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,307/mo property income rather than buyer’s personal income.

Townhouse

Built in 1984

1,900 sqft lot

$N/A/sqft

No HOA