?? Turnkey 5-Bedroom Investment | Seller Financing Available | Owner-Occupant Option ?? **41041 René Dr., Hammond, LA** ?? **Asking Price: $255,900** Whether you're looking for an income-producing investment or a future primary residence, this versatile property offers multiple purchase options and immediate upside. ? Continue operating as a successful co-living rental ? Convert back into a traditional single-family home ? Seller financing available ? Conventional financing or cash accepted Current tenants may remain for immediate rental income, or the property can be delivered vacant with the required 30-day notice. --- ?? Seller Financing Available **Seller financing available with approximately $21,900 due at closing toward the purchase structure. Contact the listing agent for complete financing terms.** **Seller Financing Terms** * Purchase Price: **$255,900** * Principal Balance: **$234,000** * Interest Rate: **4.5%** * Approximate Monthly Payment: **$1,800** * 5-Year Balloon * Bond for Deed --- ?? Income Potential **Current Monthly Room Rents** * Room 1 – $652 * Room 2 – $672 * Room 3 – $600 * Room 4 – $716 * Room 5 – $720 ? One room is currently available for lease-up. **Projected Gross Monthly Income (Fully Occupied): $3,360** **Projected Gross Annual Income (Fully Occupied): Approximately $40,320** --- ?? Property Features * 5 Bedrooms * 2 Bathrooms * 2,032 Square Feet * Built in 2011 * Renovated in 2022 * Large 0.35-Acre Lot * Flood Zone X (No Flood Insurance Required) * Fully Fenced Backyard * Driveway Parking * Convenient access to I-12 & I-55 Conveniently located near Southeastern Louisiana University, major employers, healthcare, shopping, dining, Hammond, and Ponchatoula. --- ?? Investment Highlights * Attractive 4.5% seller financing * Existing rental income * Immediate cash flow * Opportunity to increase revenue by leasing the remaining room * Proven co-living rental model * Purchase fully furnished (optional) * Purchase with tenants in place or vacant * Flood Zone X --- ?? Also Ideal as a Single-Family Home This property isn't just for investors—it can easily transition back into a traditional single-family residence. If desired, the current tenants may be provided the required 30-day notice, allowing the property to be delivered vacant for owner occupancy. Whether you're looking for an income-producing investment today or a place to call home tomorrow, this property offers exceptional flexibility. --- ?? Oversized XL Suite One oversized bedroom offers features rarely found in traditional room-rental properties: * Private exterior entrance * Dedicated mini-split HVAC * Spacious open layout * Premium rental potential * Potential future studio conversion (buyer to verify) --- ?? Large Backyard with Future Potential The oversized fenced backyard offers flexibility for: * RV storage * Boat storage * Contractor equipment storage * Storage buildings * Workshop * Garden * Expanded outdoor living space * Additional value-add improvements --- ?? Optional Furnishings The home **may be conveyed fully furnished**, allowing a buyer to continue operations immediately. The purchase price remains the same whether furnishings are included or removed. --- ?? Flexible Purchase Options ? Seller Financing ? Conventional Financing ? FHA / VA Financing (subject to lender approval) ? Cash Purchase ? Purchase with tenants in place ? Purchase vacant ? Purchase fully furnished ? Purchase without furnishings --- ?? Contact the Listing Agent For: * Rent Roll * Occupancy Information * Seller Financing Details * Bond for Deed Terms * Cash Flow Analysis * Additional Photos * Showing Information
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