Cappello III A Plan, Coburn LakesHammondLA70403
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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 Hammond at Cappello III A Plan, Coburn Lakes, Hammond, LA, 70403 priced at $332,990 pairs $3,006/mo rent with $943/mo cash flow after a $1,630/mo payment. Total monthly income equals $3,006/mo, and annual cash flow comes to $11,317/yr on $110,386 invested. Return on cash invested is 30.16% in year one, and rental yield stands at 10.83% on a $332,990 basis. Equity gained on principal adds $2,149/yr, and 5% annual appreciation accumulates to $91,999 by year five. Five-year ROI measures 157.86% and total cumulative return in cash reaches $174,253. For financing, Ziffy Mortgage’s DSCR program evaluates $3,006/mo property income against a $1,630/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70403, Hammond, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,272 (100%) |
| Owner Occupied HU | 7,937 (55.6%) |
| Renter Occupied HU | 4,834 (33.9%) |
| Vacant Housing Units | 1,501 (10.5%) |
| Median Home Value | $238,630 |
| Average Home Value | $244,778 |
Housing Distribution
Address Breakdown
Residential
13,598
Single Family
12,795
Multi-Family
803
Businesses
1,099
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