1303 Cathy LnJenningsLA70546
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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
Rental property for sale in Jennings at 1303 Cathy Ln, Jennings, LA, 70546 generates $1,260/mo in rent and, after a $732/mo payment, leaves $321/mo in cash flow. Total monthly income is $1,260/mo, and annual cash flow is $3,854/yr on $49,559 invested. Return on cash invested sits at 27.69% in year one, and rental yield is 10.11% on a $149,500 entry. Equity gained on principal adds $965/yr, while 5% annual appreciation builds toward $41,304 over five years. Five-year ROI reaches 144.76% and total cumulative return in cash sums $71,741. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,260/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70546, Jennings, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,016 (100%) |
| Owner Occupied HU | 4,381 (62.4%) |
| Renter Occupied HU | 1,734 (24.7%) |
| Vacant Housing Units | 901 (12.8%) |
| Median Home Value | $171,972 |
| Average Home Value | $221,734 |
Housing Distribution
Address Breakdown
Residential
6,681
Single Family
6,313
Multi-Family
368
Businesses
751
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Listed by: Joe Tupper Jr • Tupco Realty
Mls Name: Greater Southern MLS
Mls ID: #SWL25002404
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.