Property Description

Rare investment opportunity to acquire 9 single-family rental homes together on a quiet dead-end street in Hammond, less than one mile (0.8) from Trafton Academy and 1.5 miles from Southeastern Louisiana University. Each home offers 2 bedrooms, 1 bath, and approximately 880 sq ft. Exterior features include fresh paint, matching fixtures, and metal roofs (1?5 years old). Interiors range from well-kept to fully renovated. The portfolio covers two parcels: four homes with carports on 1.15 acres and five homes on 0.58 acres. Current rental income is $8,550/month ($102,600 annually) with room for growth. A turnkey package with strong cash flow, attractive cap rate, and excellent proximity to schools, shopping, dining, and I-12.

Property Features