619 Kelli StPattersonLA70392
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 Patterson at 619 Kelli St, Patterson, LA, 70392 at $249,000 posts ROI 28.81% with $612/mo cash flow from $2,155/mo rent. Total monthly income equals $2,155/mo, and annual cash flow records $7,348/yr on $82,544 to close. Return on cash invested measures 28.81% and rental yield reads 10.39% at the current $249,000. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 by year five. Five-year ROI prints 150.61% and total cumulative return in cash totals $124,316.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,155/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70392, Patterson, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,602 (100%) |
| Owner Occupied HU | 2,219 (61.6%) |
| Renter Occupied HU | 958 (26.6%) |
| Vacant Housing Units | 425 (11.8%) |
| Median Home Value | $155,885 |
| Average Home Value | $217,986 |
Housing Distribution
Address Breakdown
Residential
2,577
Single Family
2,569
Multi-Family
8
Businesses
202
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices