404 N 10th StKinderLA70648
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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 Kinder at 404 N 10th St, Kinder, LA, 70648 uses $41,106 cash to close to unlock $2,746/yr annual cash flow and $229/mo monthly cash flow. Total monthly income runs $997/mo, and a $607/mo payment keeps the spread at $229/mo. Purchase price stands at $124,000, and rental yield measures 9.65% with $997/mo rent. Return on cash invested shows 26.59% in year one, and 5% annual appreciation builds toward $34,259 over five years. Five-year ROI reaches 138.67% and total cumulative return in cash records $57,003. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $997/mo property income covering a $607/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70648, Kinder, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,323 (100%) |
| Owner Occupied HU | 2,037 (61.3%) |
| Renter Occupied HU | 636 (19.1%) |
| Vacant Housing Units | 650 (19.6%) |
| Median Home Value | $173,105 |
| Average Home Value | $198,052 |
Housing Distribution
Address Breakdown
Residential
2,280
Single Family
2,254
Multi-Family
26
Businesses
170
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