1621 Newport Pl APT 3, Kenner, LA, 70065 | $186/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
1 Bath
760 sft

3805 Houma Blvd UNIT A121, Metairie, LA, 70006

2 Bed
3 Bath
1083 sft

2003 Greenpoint Dr #2003, New Orleans, LA, 70114

1 Bed
1 Bath
760 sft

3805 Houma Blvd UNIT A117, Metairie, LA, 70006

2 Bed
1 Bath
1520 sft

4529 Stemway Dr, New Orleans, LA, 70126

Nearby investment properties with comparable prices

3 Bed
3 Bath
980 sft

1309 Independence St, New Orleans, LA, 70117

2 Bed
2 Bath
1330 sft

3041 English Colony Dr, La Place, LA, 70068

3 Bed
2 Bath
1400 sft

2937 College Ct, New Orleans, LA, 70125

3 Bed
2 Bath
1455 sft

2413 Yorktowne Dr, La Place, LA, 70068

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Kenner at 1621 Newport Pl APT 3, Kenner, LA, 70065 listed at $139,000 pairs $1,047/mo rent with a $680/mo payment to leave $186/mo cash flow. Total monthly income runs $1,047/mo, and annual cash flow reaches $2,236/yr on $46,079 cash to close. Return on cash invested measures 24.76% in year one, and rental yield registers 9.04% at a $139,000 basis. Equity gained on principal adds $897/yr, and annual property appreciation at 5% supports $38,403 by year five. Five-year ROI tracks 128.95% and total cumulative return in cash totals $59,420. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,047/mo property income relative to a $680/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1979

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