$251,000
Discover this CHARMING HAMMOND RETREAT! Enjoy cozy private rooms in a peaceful neighborhood! Offering comfort, tranquility, & convenience!
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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
Street parking
2 spots
Garage parking
0 spots
Driveway parking
3 spots

Bedrooms

This is the current occupancy for each bedroom in this home.
Room 1
Standard
Shared full bathroom
Full
Wardrobe/armoire
Punch Code Lock
Vacant

Room 2
Standard
Shared full bathroom
Full
Reach-in closet
Punch Code Lock
Vacant

Room 3
Standard
Shared full bathroom
Full
Reach-in closet
Punch Code Lock
Move Out on Sep 05, 2026

Room 4
Large
Shared full bathroom
King
Reach-in closet
Punch Code Lock
Move Out on Sep 05, 2026

Room 5
Large
Shared full bathroom
King
Wardrobe/armoire
Punch Code Lock
Move Out on Sep 05, 2026

Financial history

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