715 E Plaquemine StJenningsLA70546
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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 Jennings at 715 E Plaquemine St, Jennings, LA, 70546 listed at $171,500 pairs $1,464/mo rent with a $839/mo payment to leave $402/mo cash flow. Total monthly income runs $1,464/mo, and annual cash flow reaches $4,825/yr on $56,852 cash to close. Return on cash invested measures 28.4% in year one, and rental yield registers 10.24% at a $171,500 basis. Equity gained on principal adds $1,107/yr, and annual property appreciation at 5% supports $47,382 by year five. Five-year ROI tracks 148.43% and total cumulative return in cash totals $84,384. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,464/mo property income relative to a $839/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
8,276 sqft 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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