502 E AveKentwoodLA70444
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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 Kentwood at 502 E Ave, Kentwood, LA, 70444 priced at $524,000 pairs $732/mo rent with after a $2,565/mo payment. Total monthly income equals $732/mo. Return on cash invested is 2.56% in year one, and rental yield stands at 1.68% on a $524,000 basis. Equity gained on principal adds $3,381/yr, and 5% annual appreciation accumulates to $144,772 by year five. Five-year ROI measures 9.78% and total cumulative return in cash reaches $16,867. For financing, Ziffy Mortgage’s DSCR program evaluates $732/mo property income against a $2,565/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1908
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70444, Kentwood, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,162 (100%) |
| Owner Occupied HU | 3,399 (65.8%) |
| Renter Occupied HU | 874 (16.9%) |
| Vacant Housing Units | 889 (17.2%) |
| Median Home Value | $197,641 |
| Average Home Value | $220,916 |
Housing Distribution
Address Breakdown
Residential
4,546
Single Family
4,530
Multi-Family
16
Businesses
241
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Listed by: Holly Croteau • Realty One Group Immobilia
Mls Name: GSREIN
Mls Provider:
Mls ID: #2467070
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