315 & 321 Carpenter StJenaLA71342
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
Investment Highlights
Investment property for sale in Jena at 315 & 321 Carpenter St, Jena, LA, 71342 offers a 9.62% rental yield on a $149,900 purchase with $1,202/mo rent. Total monthly income registers $1,202/mo, and a $734/mo payment leaves $273/mo available for distribution. Annual cash flow reaches $3,278/yr on $49,692 to close, and return on cash invested stands at 26.5% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 138.32% and total cumulative return in cash at $68,735. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,202/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71342, Jena, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,311 (100%) |
| Owner Occupied HU | 2,153 (65.0%) |
| Renter Occupied HU | 601 (18.2%) |
| Vacant Housing Units | 557 (16.8%) |
| Median Home Value | $171,573 |
| Average Home Value | $209,088 |
Housing Distribution
Address Breakdown
Residential
2,435
Single Family
2,435
Multi-Family
0
Businesses
288
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