1108 Minden StKennerLA70062
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Kenner at 1108 Minden St, Kenner, LA, 70062 listed at $325,300 pairs $3,626/mo rent with a $1,592/mo payment to leave $1,611/mo cash flow. Total monthly income runs $3,626/mo, and annual cash flow reaches $19,333/yr on $107,837 cash to close. Return on cash invested measures 37.84% in year one, and rental yield registers 13.38% at a $325,300 basis. Equity gained on principal adds $2,099/yr, and annual property appreciation at 5% supports $89,874 by year five. Five-year ROI tracks 199.02% and total cumulative return in cash totals $214,619. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,626/mo property income relative to a $1,592/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70062, Kenner, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,971 (100%) |
| Owner Occupied HU | 3,209 (46.0%) |
| Renter Occupied HU | 3,171 (45.5%) |
| Vacant Housing Units | 591 ( 8.5%) |
| Median Home Value | $240,259 |
| Average Home Value | $263,012 |
Housing Distribution
Address Breakdown
Residential
7,033
Single Family
6,205
Multi-Family
828
Businesses
1,952
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