423 N 13th 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 423 N 13th St, Kinder, LA, 70648 offers a 9.45% rental yield on a $118,000 purchase with $929/mo rent. Total monthly income registers $929/mo, and a $578/mo payment leaves $198/mo available for distribution. Annual cash flow reaches $2,371/yr on $39,117 to close, and return on cash invested stands at 25.97% in year one. Equity gained on principal adds $761/yr while 5% annual appreciation supports $32,601 over five years. Portfolio math shows five-year ROI at 135.42% and total cumulative return in cash at $52,971. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $929/mo property income against a $578/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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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.