68 Lucaya DrKennerLA70065
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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 68 Lucaya Dr, Kenner, LA, 70065 uses $84,533 cash to close to unlock $2,262/yr annual cash flow and $189/mo monthly cash flow. Total monthly income runs $1,768/mo, and a $1,248/mo payment keeps the spread at $189/mo. Purchase price stands at $255,000, and rental yield measures 8.32% with $1,768/mo rent. Return on cash invested shows 22.58% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 117.22% and total cumulative return in cash records $99,092. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,768/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1970
6,000 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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Listed by: Stacey Perez • Keller Williams Realty Services
Mls Name: GSREIN
Mls Provider:
Mls ID: #2464908
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