401 Avenue EKentwoodLA70444
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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 401 Avenue E, Kentwood, LA, 70444 uses $56,024 cash to close to unlock $1,840/yr annual cash flow and $153/mo monthly cash flow. Total monthly income runs $1,200/mo, and a $827/mo payment keeps the spread at $153/mo. Purchase price stands at $169,000, and rental yield measures 8.52% with $1,200/mo rent. Return on cash invested shows 23.19% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 120.5% and total cumulative return in cash records $67,507. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,200/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.57 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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Listed by: Lynn Moriarity • United Real Estate Partners
Mls Name: GSREIN
Mls Provider:
Mls ID: #2502170
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.