519 Magnolia DrJenningsLA70546
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
Rental property for sale in Jennings at 519 Magnolia Dr, Jennings, LA, 70546 priced at $210,000 pairs $1,584/mo rent with $283/mo cash flow after a $1,028/mo payment. Total monthly income equals $1,584/mo, and annual cash flow comes to $3,396/yr on $69,615 invested. Return on cash invested is 24.79% in year one, and rental yield stands at 9.05% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 128.99% and total cumulative return in cash reaches $89,800. For financing, Ziffy Mortgage’s DSCR program evaluates $1,584/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70546, Jennings, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,016 (100%) |
| Owner Occupied HU | 4,381 (62.4%) |
| Renter Occupied HU | 1,734 (24.7%) |
| Vacant Housing Units | 901 (12.8%) |
| Median Home Value | $171,972 |
| Average Home Value | $221,734 |
Housing Distribution
Address Breakdown
Residential
6,681
Single Family
6,313
Multi-Family
368
Businesses
751
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