705 Gerry DrKennerLA70062
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 Kenner at 705 Gerry Dr, Kenner, LA, 70062 at $189,900 posts ROI 24.77% with $255/mo cash flow from $1,431/mo rent. Total monthly income equals $1,431/mo, and annual cash flow records $3,062/yr on $62,952 to close. Return on cash invested measures 24.77% and rental yield reads 9.04% at the current $189,900. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 by year five. Five-year ROI prints 129% and total cumulative return in cash totals $81,209.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,431/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
5,404 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70062, Kenner, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,971 (100%) |
| Owner Occupied HU | 3,209 (46.0%) |
| Renter Occupied HU | 3,171 (45.5%) |
| Vacant Housing Units | 591 ( 8.5%) |
| Median Home Value | $240,259 |
| Average Home Value | $263,012 |
Housing Distribution
Address Breakdown
Residential
7,033
Single Family
6,205
Multi-Family
828
Businesses
1,952
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices