Quincy III G Plan, CornerstoneHammondLA70401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Hammond at Quincy III G Plan, Cornerstone, Hammond, LA, 70401 earns $866/mo cash flow from $2,402/mo rent with a $1,214/mo payment. Total monthly income totals $2,402/mo, and annual cash flow totals $10,387/yr on $82,209 capital. ROI tracks 32.54% on current figures, and rental yield reads 11.62% at a $247,990 purchase. Equity gained on principal adds $1,600/yr, and 5% annual appreciation supports $68,515 over five years. Five-year ROI reaches 170.61% and total cumulative return in cash sums $140,259. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,402/mo property income instead of your personal income.
Single Family
Built in 2026
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 |
Housing Distribution
Address Breakdown
Residential
9,636
Single Family
9,246
Multi-Family
390
Businesses
929
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