1500 W Esplanade Ave APT 42BKennerLA70065
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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 42B, Kenner, LA, 70065 listed at $125,000 pairs $938/mo rent with a $612/mo payment to leave $164/mo cash flow. Total monthly income runs $938/mo, and annual cash flow reaches $1,962/yr on $41,438 cash to close. Return on cash invested measures 24.64% in year one, and rental yield registers 9% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 128.3% and total cumulative return in cash totals $53,165. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $938/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1982
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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