3244 Iowa Ave, Kenner, LA, 70065 | $990/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1342 sft

1020 Esplanade Ave APT 106, New Orleans, LA, 70116

2 Bed
3 Bath
1707 sft

333 Girod St APT 207, New Orleans, LA, 70130

2 Bed
2 Bath
935 sft

1440 Magazine St APT B, New Orleans, LA, 70130

2 Bed
2 Bath
1324 sft

1000 Saint Charles Ave APT D, New Orleans, LA, 70130

Nearby investment properties with comparable prices

3 Bed
2 Bath
1363 sft

4617 Ames Blvd, Marrero, LA, 70072

3 Bed
2 Bath
1326 sft

2320 Roosevelt Blvd, Kenner, LA, 70062

3 Bed
2 Bath
1468 sft

309 Allie Ln, Luling, LA, 70070

3 Bed
2 Bath
1500 sft

406 Moss Ln, River Ridge, LA, 70123

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Kenner at 3244 Iowa Ave, Kenner, LA, 70065 at $319,000 posts ROI 31.15% with $990/mo cash flow from $2,966/mo rent. Total monthly income equals $2,966/mo, and annual cash flow records $11,884/yr on $105,749 to close. Return on cash invested measures 31.15% and rental yield reads 11.16% at the current $319,000. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,134 by year five. Five-year ROI prints 163.14% and total cumulative return in cash totals $172,513.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,966/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1968

0.28 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70065, Kenner, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,493 (100%)
Owner Occupied HU	12,340 (57.4%)
Renter Occupied HU	6,983 (32.5%)
Vacant Housing Units	2,170 (10.1%)
Median Home Value	$283,071
Average Home Value	$336,608