629 Sessions LnKennerLA70065
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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
Investment property for sale in Kenner at 629 Sessions Ln, Kenner, LA, 70065 uses $69,615 cash to close to unlock $1,884/yr annual cash flow and $157/mo monthly cash flow. Total monthly income runs $1,458/mo, and a $1,028/mo payment keeps the spread at $157/mo. Purchase price stands at $210,000, and rental yield measures 8.33% with $1,458/mo rent. Return on cash invested shows 22.62% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 117.36% and total cumulative return in cash records $81,700. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,458/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1973
5,000 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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