409 Alice StJenningsLA70546
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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 Jennings at 409 Alice St, Jennings, LA, 70546 earns $349/mo cash flow from $1,836/mo rent with a $1,175/mo payment. Total monthly income totals $1,836/mo, and annual cash flow totals $4,188/yr on $79,560 capital. ROI tracks 25.17% on current figures, and rental yield reads 9.18% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 131.07% and total cumulative return in cash sums $104,282. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,836/mo property income instead of your personal income.
Multi Family
Built in 1957
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70546, Jennings, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,016 (100%) |
| Owner Occupied HU | 4,381 (62.4%) |
| Renter Occupied HU | 1,734 (24.7%) |
| Vacant Housing Units | 901 (12.8%) |
| Median Home Value | $171,972 |
| Average Home Value | $221,734 |
Housing Distribution
Address Breakdown
Residential
6,681
Single Family
6,313
Multi-Family
368
Businesses
751
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Listed by: CANDACE CONNER • eXp Realty, LLC
Mls Name: Greater Southern MLS
Mls ID: #SWL25001754
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.