Oakridge V G Plan, Cornerstone, Hammond, LA, 70401 | $128/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

Investment property for sale in Hammond at Oakridge V G Plan, Cornerstone, Hammond, LA, 70401 at $260,990 posts ROI 21.68% with $128/mo cash flow from $1,744/mo rent. Total monthly income equals $1,744/mo, and annual cash flow records $1,533/yr on $86,518 to close. Return on cash invested measures 21.68% and rental yield reads 8.02% at the current $260,990. Equity gained on principal adds $1,684/yr, and 5% annual appreciation supports $72,107 by year five. Five-year ROI prints 112.35% and total cumulative return in cash totals $97,204.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,744/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70401, Hammond, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,489 (100%)
Owner Occupied HU	4,568 (43.6%)
Renter Occupied HU	4,475 (42.7%)
Vacant Housing Units	1,446 (13.8%)
Median Home Value	$253,902
Average Home Value	$283,549