448 Pellerin DrKennerLA70065
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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
Rental property for sale in Kenner at 448 Pellerin Dr, Kenner, LA, 70065 priced at $259,000 converts $1,850/mo rent into $245/mo cash flow after a $1,268/mo obligation. Total monthly income equals $1,850/mo, and annual cash flow totals $2,944/yr on $85,859 invested. Return on cash invested prints 23.34% in year one, and rental yield reads 8.57% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 121.28% and total cumulative return in cash sums $104,128. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,850/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Single Family
Built in 1978
6,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70065, Kenner, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,493 (100%) |
| Owner Occupied HU | 12,340 (57.4%) |
| Renter Occupied HU | 6,983 (32.5%) |
| Vacant Housing Units | 2,170 (10.1%) |
| Median Home Value | $283,071 |
| Average Home Value | $336,608 |
Housing Distribution
Address Breakdown
Residential
20,987
Single Family
16,500
Multi-Family
4,487
Businesses
940
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