Hammond Plan, BonterraSlidellLA70461
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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 Slidell at Hammond Plan, Bonterra, Slidell, LA, 70461 generates $1,819/mo in rent and, after a $1,292/mo payment, leaves $184/mo in cash flow. Total monthly income is $1,819/mo, and annual cash flow is $2,207/yr on $87,483 invested. Return on cash invested sits at 22.43% in year one, and rental yield is 8.27% on a $263,900 entry. Equity gained on principal adds $1,703/yr, while 5% annual appreciation builds toward $72,911 over five years. Five-year ROI reaches 116.38% and total cumulative return in cash sums $101,814. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,819/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70461, Slidell, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,007 (100%) |
| Owner Occupied HU | 9,970 (71.2%) |
| Renter Occupied HU | 2,897 (20.7%) |
| Vacant Housing Units | 1,140 ( 8.1%) |
| Median Home Value | $277,803 |
| Average Home Value | $314,708 |
Housing Distribution
Address Breakdown
Residential
13,478
Single Family
12,464
Multi-Family
1,014
Businesses
579
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