16 Hawkins AveJeffersonLA70121
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 Jefferson at 16 Hawkins Ave, Jefferson, LA, 70121 offers $1,711/mo rent that, after a $1,219/mo payment, leaves $168/mo cash flow. Total monthly income is $1,711/mo, and annual cash flow is $2,020/yr on $82,544 cash. Return on cash invested measures 22.36% in year one, and rental yield stands at 8.25% at a $249,000 entry. Equity gained on principal adds $1,607/yr while 5% annual appreciation compounds into $68,794 by year five. Five-year ROI records 116.01% and total cumulative return in cash reaches $95,756. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,711/mo property income versus a $1,219/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1960
6,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70121, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,242 (100%) |
| Owner Occupied HU | 3,086 (49.4%) |
| Renter Occupied HU | 2,522 (40.4%) |
| Vacant Housing Units | 634 (10.2%) |
| Median Home Value | $284,768 |
| Average Home Value | $318,145 |
Housing Distribution
Address Breakdown
Residential
6,071
Single Family
5,168
Multi-Family
903
Businesses
614
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