1500 W Esplanade Ave APT 18CKennerLA70065
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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 1500 W Esplanade Ave APT 18C, Kenner, LA, 70065 earns $1,544/mo cash flow from $2,431/mo rent with a $701/mo payment. Total monthly income totals $2,431/mo, and annual cash flow totals $18,525/yr on $47,504 capital. ROI tracks 58.9% on current figures, and rental yield reads 20.36% at a $143,300 purchase. Equity gained on principal adds $925/yr, and 5% annual appreciation supports $39,591 over five years. Five-year ROI reaches 311.98% and total cumulative return in cash sums $148,202. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,431/mo property income instead of your personal income.
Townhouse
Built in 2014
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
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