2220 Killington DrHarveyLA70058
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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 Harvey at 2220 Killington Dr, Harvey, LA, 70058 generates $1,366/mo in rent and, after a $881/mo payment, leaves $251/mo in cash flow. Total monthly income is $1,366/mo, and annual cash flow is $3,014/yr on $59,637 invested. Return on cash invested sits at 24.96% in year one, and rental yield is 9.11% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 130.04% and total cumulative return in cash sums $77,553. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,366/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
6,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70058, Harvey, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,473 (100%) |
| Owner Occupied HU | 9,525 (57.8%) |
| Renter Occupied HU | 5,841 (35.5%) |
| Vacant Housing Units | 1,107 ( 6.7%) |
| Median Home Value | $222,383 |
| Average Home Value | $280,517 |
Housing Distribution
Address Breakdown
Residential
15,748
Single Family
13,458
Multi-Family
2,290
Businesses
1,396
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Listed by: Stephen Leaumont • Homesmart Realty South
Mls Name: GSREIN
Mls Provider:
Mls ID: #2514816
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.