223 N 7th StKinderLA70648
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 223 N 7th St, Kinder, LA, 70648 in Kinder at $220,000, 3.65% gross yield, is a market-growth asset. Rental yield 3.65%. The $668/mo rent partially funds the $989/mo debt service; the core return is the 5%/yr price growth projected to add $60,782 over five years. Ziffy Mortgage's DSCR mortgage (0.68) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $38,738.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.7% | 5.5% |
| Monthly Cash Flow | $(694) | $400 |
City averages based on Kinder market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $668 |
| Total Monthly Debt Service | $1,275 |
| DSCR Ratio | 0.52x |
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.
Single Family
Built in 1960
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70648, Kinder, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,323 (100%) |
| Owner Occupied HU | 2,037 (61.3%) |
| Renter Occupied HU | 636 (19.1%) |
| Vacant Housing Units | 650 (19.6%) |
| Median Home Value | $173,105 |
| Average Home Value | $198,052 |
Housing Distribution
Address Breakdown
Residential
2,280
Single Family
2,254
Multi-Family
26
Businesses
170
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
Single Family
Built in 1960
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70648, Kinder, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,323 (100%) |
| Owner Occupied HU | 2,037 (61.3%) |
| Renter Occupied HU | 636 (19.1%) |
| Vacant Housing Units | 650 (19.6%) |
| Median Home Value | $173,105 |
| Average Home Value | $198,052 |
Housing Distribution
Address Breakdown
Residential
2,280
Single Family
2,254
Multi-Family
26
Businesses
170
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christina Bazinet • Latter & Blum Compass-LC
Mls Name: Greater Southern MLS
Mls ID: #SWL24004279
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.