135 Miami PlKennerLA70065
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Kenner at 135 Miami Pl, Kenner, LA, 70065 priced at $151,000 converts $1,153/mo rent into $218/mo cash flow after a $739/mo obligation. Total monthly income equals $1,153/mo, and annual cash flow totals $2,612/yr on $50,057 invested. Return on cash invested prints 25.13% in year one, and rental yield reads 9.16% against a $151,000 entry. Equity gained on principal adds $974/yr, while 5% annual appreciation compiles into $41,719 by year five. Five-year ROI reaches 130.84% and total cumulative return in cash sums $65,492. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,153/mo property income covering a $739/mo payment, not borrower’s personal income.
Single Family
Built in 1976
5,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70065, Kenner, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,493 (100%) |
| Owner Occupied HU | 12,340 (57.4%) |
| Renter Occupied HU | 6,983 (32.5%) |
| Vacant Housing Units | 2,170 (10.1%) |
| Median Home Value | $283,071 |
| Average Home Value | $336,608 |
Housing Distribution
Address Breakdown
Residential
20,987
Single Family
16,500
Multi-Family
4,487
Businesses
940
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices