423 N 13th StKinderLA70648
INVESTMENT ANALYSIS
Investment Verdict
Solid Income423 N 13th St, Kinder, LA, 70648 in Kinder earns a respectable 9.25% gross yield at $118,000, but after the $531/mo mortgage the net cash flow is $179/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.75) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $32,601 over five years, making equity the dominant return driver. Total projected return: $57,492.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 5.5% |
| Monthly Cash Flow | $179 | $400 |
City averages based on Kinder market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $929 |
| Total Monthly Debt Service | $684 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2020
0.70 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2020
0.70 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lydia Holland • RE/MAX ONE
Mls Name: Greater Southern MLS
Mls ID: #SWL25003001
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.