2502 River Oaks DrJenningsLA70546
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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 Jennings at 2502 River Oaks Dr, Jennings, LA, 70546 uses $120,998 cash to close to unlock $2,958/yr annual cash flow and $247/mo monthly cash flow. Total monthly income runs $2,507/mo, and a $1,786/mo payment keeps the spread at $247/mo. Purchase price stands at $365,000, and rental yield measures 8.24% with $2,507/mo rent. Return on cash invested shows 22.35% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 115.98% and total cumulative return in cash records $140,335. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,507/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 2012
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70546, Jennings, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,016 (100%) |
| Owner Occupied HU | 4,381 (62.4%) |
| Renter Occupied HU | 1,734 (24.7%) |
| Vacant Housing Units | 901 (12.8%) |
| Median Home Value | $171,972 |
| Average Home Value | $221,734 |
Housing Distribution
Address Breakdown
Residential
6,681
Single Family
6,313
Multi-Family
368
Businesses
751
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