303 Avenue IKentwoodLA70444
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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 Kentwood at 303 Avenue I, Kentwood, LA, 70444 uses $35,882 cash to close to unlock $1,767/yr annual cash flow and $147/mo monthly cash flow. Total monthly income runs $818/mo, and a $530/mo payment keeps the spread at $147/mo. Purchase price stands at $108,240, and rental yield measures 9.07% with $818/mo rent. Return on cash invested shows 24.83% in year one, and 5% annual appreciation builds toward $29,905 over five years. Five-year ROI reaches 129.39% and total cumulative return in cash records $46,427. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $818/mo property income covering a $530/mo payment rather than investor’s personal income.
Single Family
Built in 1948
1.17 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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