3612 California AveKennerLA70065
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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 3612 California Ave, Kenner, LA, 70065 uses $56,355 cash to close to unlock $2,940/yr annual cash flow and $245/mo monthly cash flow. Total monthly income runs $1,298/mo, and a $832/mo payment keeps the spread at $245/mo. Purchase price stands at $170,000, and rental yield measures 9.16% with $1,298/mo rent. Return on cash invested shows 25.13% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 130.78% and total cumulative return in cash records $73,701. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,298/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1969
5,998 sqft 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 |
Housing Distribution
Address Breakdown
Residential
20,987
Single Family
16,500
Multi-Family
4,487
Businesses
940
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