2218 Indiana 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
Investment property for sale in Kenner at 2218 Indiana Ave, Kenner, LA, 70062 earns $192/mo cash flow from $1,512/mo rent with a $1,043/mo payment. Total monthly income totals $1,512/mo, and annual cash flow totals $2,305/yr on $70,610 capital. ROI tracks 23.17% on current figures, and rental yield reads 8.52% at a $213,000 purchase. Equity gained on principal adds $1,374/yr, and 5% annual appreciation supports $58,848 over five years. Five-year ROI reaches 120.42% and total cumulative return in cash sums $85,029. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,512/mo property income instead of your personal income.
Single Family
Built in 1958
6,000 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: Rose Fogarty • LATTER & BLUM (LATT01)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2483753
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