Zip Code 70401 — Hammond, LA
🟡MODERATE— average returnsCap Rate
4.1%
Monthly Cash Flow
-$408
Median Home Price
$215,126
DSCR
0.64
🏠 Fair Market Rents
- Studio
- $810/mo
- 1 Bedroom
- $820/mo
- 2 Bedroom
- $1,050/mo
- 3 Bedroom
- $1,270/mo
- 4 Bedroom
- $1,400/mo
📊 Investment Metrics
- Cap Rate
- 4.1%
- Cash-on-Cash Return
- -9.9%
- Price-to-Rent Ratio
- 14.1
- 1% Rule
- 0.59%
- Gross Rent Multiplier
- 14.1
- Vacancy Rate
- 8.0%
📋 Assumptions Used
20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
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