Zip Code 70053 — Gretna, LA
🟡MODERATE— average returnsCap Rate
5.1%
Monthly Cash Flow
-$242
Median Home Price
$223,357
DSCR
0.80
🏠 Fair Market Rents
- Studio
- $870/mo
- 1 Bedroom
- $1,010/mo
- 2 Bedroom
- $1,200/mo
- 3 Bedroom
- $1,540/mo
- 4 Bedroom
- $1,800/mo
📊 Investment Metrics
- Cap Rate
- 5.1%
- Cash-on-Cash Return
- -5.7%
- Price-to-Rent Ratio
- 12.1
- 1% Rule
- 0.69%
- Gross Rent Multiplier
- 12.1
- Vacancy Rate
- 8.0%
📋 Assumptions Used
20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
Customize these numbers in the calculator →