953 E Monterey Ct, Gretna, LA, 70056 | 4.55% Rental Yield

Off market

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 953 E Monterey Ct, Gretna, LA, 70056 offers a 4.55% rental yield on a $373,800 purchase with $1,417/mo rent. 15% in year one. Equity gained on principal adds $2,412/yr while 5% annual appreciation supports $103,274 over five years. Portfolio math shows five-year ROI at 50.93% and total cumulative return in cash at $63,106. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,417/mo property income against a $1,830/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in N/A

1 Acres 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