Hammond, LA — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

4.0%

Below average

Monthly Cash Flow

-$445

After all expenses

Price-to-Rent

14.3

Investor-friendly

DSCR

0.63

Fails

📊 Key Metrics

Median Home Price
$227,915
Average Rent (3BR)
$1,330/mo
Price-to-Rent Ratio
14.3(good)
1% Rule
0.58%(fails — need 1%+)
Cash-on-Cash Return
-10.2%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Hammond for Investors

70401
Cap Rate: 4.1%Cash Flow: -$408/mo$215,126
70403
Cap Rate: 4.0%Cash Flow: -$445/mo$227,915
70403
Cap Rate: 4.0%Cash Flow: -$445/mo$227,915

All Zip Codes in Hammond

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
704014.1%-$408$215,126$1,270/mo0.64
704034.0%-$445$227,915$1,330/mo0.63
704034.0%-$445$227,915$1,330/mo0.63
704623.6%-$586$257,370$1,400/mo0.57