245 Inspiration Park DrKentwoodLA70444
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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 Kentwood at 245 Inspiration Park Dr, Kentwood, LA, 70444 generates $1,200/mo in rent, after a $2,442/mo payment. Total monthly income is $1,200/mo. Return on cash invested sits at 6.19% in year one, and rental yield is 2.89% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 29.3% and total cumulative return in cash sums $48,474. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,200/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70444, Kentwood, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,162 (100%) |
| Owner Occupied HU | 3,399 (65.8%) |
| Renter Occupied HU | 874 (16.9%) |
| Vacant Housing Units | 889 (17.2%) |
| Median Home Value | $197,641 |
| Average Home Value | $220,916 |
Housing Distribution
Address Breakdown
Residential
4,546
Single Family
4,530
Multi-Family
16
Businesses
241
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Listed by: Tammy Whitehead • LATTER & BLUM (LATT15)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2478787
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