2603 Jefferson HwyKennerLA70062
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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 2603 Jefferson Hwy, Kenner, LA, 70062 listed at $189,900 pairs $1,956/mo rent with a $929/mo payment to leave $780/mo cash flow. Total monthly income runs $1,956/mo, and annual cash flow reaches $9,362/yr on $62,952 cash to close. Return on cash invested measures 34.78% in year one, and rental yield registers 12.36% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 182.66% and total cumulative return in cash totals $114,989. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,956/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1950
10,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70062, Kenner, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,971 (100%) |
| Owner Occupied HU | 3,209 (46.0%) |
| Renter Occupied HU | 3,171 (45.5%) |
| Vacant Housing Units | 591 ( 8.5%) |
| Median Home Value | $240,259 |
| Average Home Value | $263,012 |
Housing Distribution
Address Breakdown
Residential
7,033
Single Family
6,205
Multi-Family
828
Businesses
1,952
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Listed by: Monique Davis • Windfeel Properties
Mls Name: GSREIN
Mls Provider:
Mls ID: #2434991
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