Rosman V G Plan, CornerstoneHammondLA70401
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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
Investment property for sale in Hammond at Rosman V G Plan, Cornerstone, Hammond, LA, 70401 with 5% annual appreciation on a $246,990 basis while $2,431/mo rent supports operations. Total monthly income totals $2,431/mo and a $1,209/mo payment preserves $901/mo for cash returns. Annual cash flow comes to $10,811/yr on $81,877 deployed, and return on cash invested reaches 33.11% in year one. Equity gained on principal adds $1,594/yr, and five-year appreciation sums $68,239 alongside rental yield of 11.81%. Five-year ROI measures 173.65% and total cumulative return in cash totals $142,177.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,431/mo property income versus a $1,209/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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 |
Housing Distribution
Address Breakdown
Residential
9,636
Single Family
9,246
Multi-Family
390
Businesses
929
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