Property info

House

5 bedrooms

2.0 bathrooms
Message from the Host
🏡 OWNER FINANCING AVAILABLE – CASH-FLOWING 5-BEDROOM INVESTMENT
💰 $17,500 Assignment Fee
📍 41041 René Dr., Hammond, LA
Seller Financing Terms
💰 Principal Balance: $234,000
💰 Assignment Fee: $17,500
📉 Interest Rate: 4.5%
💵 Approximate Monthly Payment: $1,800
📅 5-Year Balloon
📄 Bond for Deed
Rare opportunity to acquire a cash-flowing investment property with attractive owner financing and immediate income potential.
💵 Income Snapshot
Current Monthly Room Rates:
Room 1 – $632
Room 2 – $672
Room 3 – $600
Room 4 – $696
Room 5 – $720
✅ 2 rooms are currently available for lease.
Projected Gross Income (Fully Occupied): Approximately $39,000 per year
🏡 Property Features
5 Bedrooms
2 Bathrooms
2,032 Square Feet
Built in 2011
Renovated in 2022
0.35 Acres
Flood Zone X (No Flood Insurance Required)
Large Fenced Backyard
Driveway Parking
Convenient access to I-12 and I-55
Located near major employers, healthcare, shopping, dining, Southeastern Louisiana University, Hammond, Ponchatoul

Parking
Financial history
This is the month-to-month revenue collected for the past year on this property.
Revenue collected for the past 12 months