3612 Tulane DrKennerLA70065
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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
Rental property for sale in Kenner at 3612 Tulane Dr, Kenner, LA, 70065 priced at $230,000 pairs $1,556/mo rent with $131/mo cash flow after a $1,126/mo payment. Total monthly income equals $1,556/mo, and annual cash flow comes to $1,572/yr on $76,245 invested. Return on cash invested is 21.97% in year one, and rental yield stands at 8.12% on a $230,000 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,545 by year five. Five-year ROI measures 113.89% and total cumulative return in cash reaches $86,839. For financing, Ziffy Mortgage’s DSCR program evaluates $1,556/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
5,500 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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Listed by: Eric Carter • Good News Realty, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2437792
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