4929 Kawanee AveMetairieLA70006
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
Investment Highlights
Investment property for sale in Metairie at 4929 Kawanee Ave, Metairie, LA, 70006 at $331,600 posts ROI 26.64% with $617/mo cash flow from $2,671/mo rent. Total monthly income equals $2,671/mo, and annual cash flow records $7,403/yr on $109,925 to close. Return on cash invested measures 26.64% and rental yield reads 9.67% at the current $331,600. Equity gained on principal adds $2,140/yr, and 5% annual appreciation supports $91,615 by year five. Five-year ROI prints 138.94% and total cumulative return in cash totals $152,733.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,671/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70006, Metairie, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,026 (100%) |
| Owner Occupied HU | 4,080 (58.1%) |
| Renter Occupied HU | 2,300 (32.7%) |
| Vacant Housing Units | 646 ( 9.2%) |
| Median Home Value | $353,857 |
| Average Home Value | $409,112 |
Housing Distribution
Address Breakdown
Residential
6,786
Single Family
5,481
Multi-Family
1,305
Businesses
908
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices