(Undisclosed Address)HammondLA70403
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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 (Undisclosed Address), Hammond, LA, 70403 earns $70/mo cash flow from $1,320/mo rent with a $830/mo payment. Total monthly income totals $1,320/mo, and annual cash flow totals $836/yr on $56,189 capital. ROI tracks 21.4% on current figures, and rental yield reads 9.35% at a $169,500 purchase. Equity gained on principal adds $1,094/yr, and 5% annual appreciation supports $46,830 over five years. Five-year ROI reaches 112.41% and total cumulative return in cash sums $63,164. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,320/mo property income instead of your personal income.
Townhouse
Built in 2009
435.60 sqft lot
$N/A/sqft
$2,400 annually 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Neil Kahn • Keller Williams Realty Premier Partners
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025005861
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 ROAM MLS.