90 Houmas PlDestrehanLA70047
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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
Investment Highlights
Rental property for sale in Destrehan at 90 Houmas Pl, Destrehan, LA, 70047 offers $1,217/mo rent that, after a $783/mo payment, leaves $197/mo cash flow. Total monthly income is $1,217/mo, and annual cash flow is $2,360/yr on $53,040 cash. Return on cash invested measures 24.36% in year one, and rental yield stands at 9.13% at a $160,000 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,205 by year five. Five-year ROI records 126.99% and total cumulative return in cash reaches $67,358. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,217/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1981
2,082 sqft lot
$N/A/sqft
No HOA
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Listed by: Ronnie Johnson • Gulf States Real Estate Services of Louisiana, L.L
Mls Name: GSREIN
Mls Provider:
Mls ID: #2502039
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