290 Jenny Lynn RdChathamLA71226
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 290 Jenny Lynn Rd, Chatham, LA, 71226 in Chatham fits: $433,000, 3.3% gross yield, and a projected 5% annual appreciation rate adding $119,630 in value within five years. Rental yield 3.3%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.61) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $3,988/yr in principal paydown and $119,630 in appreciation project a total return of $68,230.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.3% | 8.0% |
| Monthly Cash Flow | $(1,492) | $700 |
City averages based on Chatham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,190 |
| Total Monthly Debt Service | $2,510 |
| DSCR Ratio | 0.47x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71226, Chatham, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 975 (100%) |
| Owner Occupied HU | 573 (58.8%) |
| Renter Occupied HU | 140 (14.4%) |
| Vacant Housing Units | 262 (26.9%) |
| Median Home Value | $133,984 |
| Average Home Value | $184,372 |
Housing Distribution
Address Breakdown
Residential
819
Single Family
795
Multi-Family
24
Businesses
50
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71226, Chatham, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 975 (100%) |
| Owner Occupied HU | 573 (58.8%) |
| Renter Occupied HU | 140 (14.4%) |
| Vacant Housing Units | 262 (26.9%) |
| Median Home Value | $133,984 |
| Average Home Value | $184,372 |
Housing Distribution
Address Breakdown
Residential
819
Single Family
795
Multi-Family
24
Businesses
50
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices