23 Platt StKennerLA70065
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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 23 Platt St, Kenner, LA, 70065 with 5% annual appreciation on a $384,900 basis while $3,178/mo rent supports operations. Total monthly income totals $3,178/mo and a $1,884/mo payment preserves $794/mo for cash returns. Annual cash flow comes to $9,524/yr on $127,594 deployed, and return on cash invested reaches 27.37% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,341 alongside rental yield of 9.91%. Five-year ROI measures 142.88% and total cumulative return in cash totals $182,307.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,178/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1983
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70065, Kenner, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,493 (100%) |
| Owner Occupied HU | 12,340 (57.4%) |
| Renter Occupied HU | 6,983 (32.5%) |
| Vacant Housing Units | 2,170 (10.1%) |
| Median Home Value | $283,071 |
| Average Home Value | $336,608 |
Housing Distribution
Address Breakdown
Residential
20,987
Single Family
16,500
Multi-Family
4,487
Businesses
940
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Listed by: Myra Eyman • CRC Realty Solutions, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2490228
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.