2321 Kenneth DrVioletLA70092
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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 Violet at 2321 Kenneth Dr, Violet, LA, 70092 priced at $150,000 pairs $1,195/mo rent with $266/mo cash flow after a $734/mo payment. Total monthly income equals $1,195/mo, and annual cash flow comes to $3,192/yr on $49,725 invested. Return on cash invested is 26.33% in year one, and rental yield stands at 9.56% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 137.25% and total cumulative return in cash reaches $68,250. For financing, Ziffy Mortgage’s DSCR program evaluates $1,195/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70092, Violet, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,933 (100%) |
| Owner Occupied HU | 1,961 (66.9%) |
| Renter Occupied HU | 791 (27.0%) |
| Vacant Housing Units | 181 ( 6.2%) |
| Median Home Value | $187,877 |
| Average Home Value | $198,005 |
Housing Distribution
Address Breakdown
Residential
2,738
Single Family
2,721
Multi-Family
17
Businesses
76
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Listed by: Troy Mire • LATTER & BLUM (LATT30)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2495195
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