1645 42nd St #DKennerLA70065
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1645 42nd St #D, Kenner, LA, 70065 in Kenner is a solid income-producing rental, 9.37% gross yield, $975/mo rent, $201/mo net cash flow on a $124,900 buy. DSCR 1.73 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $34,508 and $1,150/yr in principal reduction project a total cumulative return of $40,810.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 8.0% |
| Monthly Cash Flow | $201 | $1,200 |
City averages based on Kenner market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $975 |
| Total Monthly Debt Service | $1,049 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1984
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
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
Condo
Built in 1984
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
Listed by: Stacey Thibodeaux • Realty One Group Immobilia
Mls Name: GSREIN
Mls Provider:
Mls ID: #2443485
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