1909 Maryland AveKennerLA70062
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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
Rental property for sale in Kenner at 1909 Maryland Ave, Kenner, LA, 70062 priced at $240,000 converts $1,553/mo rent into $66/mo cash flow after a $1,175/mo obligation. Total monthly income equals $1,553/mo, and annual cash flow totals $792/yr on $79,560 invested. Return on cash invested prints 20.9% in year one, and rental yield reads 7.76% against a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation compiles into $66,308 by year five. Five-year ROI reaches 108.18% and total cumulative return in cash sums $86,066. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,553/mo property income covering a $1,175/mo payment, not borrower’s personal income.
Single Family
Built in 1975
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70062, Kenner, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,971 (100%) |
| Owner Occupied HU | 3,209 (46.0%) |
| Renter Occupied HU | 3,171 (45.5%) |
| Vacant Housing Units | 591 ( 8.5%) |
| Median Home Value | $240,259 |
| Average Home Value | $263,012 |
Housing Distribution
Address Breakdown
Residential
7,033
Single Family
6,205
Multi-Family
828
Businesses
1,952
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Listed by: Stephen Bodden • United Real Estate Partners LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2505617
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.