20624 E Lewiston RdKentwoodLA70444
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
Investment property for sale in Kentwood at 20624 E Lewiston Rd, Kentwood, LA, 70444 uses $91,494 cash to close to unlock $5,738/yr annual cash flow and $478/mo monthly cash flow. Total monthly income runs $2,188/mo, and a $1,351/mo payment keeps the spread at $478/mo. Purchase price stands at $276,000, and rental yield measures 9.51% with $2,188/mo rent. Return on cash invested shows 26.18% in year one, and 5% annual appreciation builds toward $76,254 over five years. Five-year ROI reaches 136.53% and total cumulative return in cash records $124,921. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,188/mo property income covering a $1,351/mo payment rather than investor’s personal income.
Single Family
Built in 1986
9 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70444, Kentwood, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,162 (100%) |
| Owner Occupied HU | 3,399 (65.8%) |
| Renter Occupied HU | 874 (16.9%) |
| Vacant Housing Units | 889 (17.2%) |
| Median Home Value | $197,641 |
| Average Home Value | $220,916 |
Housing Distribution
Address Breakdown
Residential
4,546
Single Family
4,530
Multi-Family
16
Businesses
241
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices