1500 W Esplanade Ave #25DKennerLA70065
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
Investment property for sale in Kenner at 1500 W Esplanade Ave #25D, Kenner, LA, 70065 uses $46,244 cash to close to unlock $2,192/yr annual cash flow and $183/mo monthly cash flow. Total monthly income runs $1,047/mo, and a $683/mo payment keeps the spread at $183/mo. Purchase price stands at $139,500, and rental yield measures 9.01% with $1,047/mo rent. Return on cash invested shows 24.65% in year one, and 5% annual appreciation builds toward $38,541 over five years. Five-year ROI reaches 128.31% and total cumulative return in cash records $59,337. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,047/mo property income covering a $683/mo payment rather than investor’s personal income.
Condo
Built in 2002
N/A 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