430 Kennedy StAmaLA70031
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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 Ama at 430 Kennedy St, Ama, LA, 70031 uses $101,108 cash to close to unlock $2,766/yr annual cash flow and $231/mo monthly cash flow. Total monthly income runs $2,120/mo, and a $1,493/mo payment keeps the spread at $231/mo. Purchase price stands at $305,000, and rental yield measures 8.34% with $2,120/mo rent. Return on cash invested shows 22.64% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 117.53% and total cumulative return in cash records $118,834. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,120/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 2006
7,860 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70031, Ama, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 580 (100%) |
| Owner Occupied HU | 463 (79.8%) |
| Renter Occupied HU | 66 (11.4%) |
| Vacant Housing Units | 51 ( 8.8%) |
| Median Home Value | $221,580 |
| Average Home Value | $219,455 |
Housing Distribution
Address Breakdown
Residential
433
Single Family
433
Multi-Family
0
Businesses
24
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Listed by: Marquita Lee-Diggs • LATTER & BLUM (LATT21)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2478794
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