815 Scott 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 815 Scott St, Jennings, LA, 70546 offers a 9.21% rental yield on a $115,000 purchase with $883/mo rent. Total monthly income registers $883/mo, and a $563/mo payment leaves $171/mo available for distribution. Annual cash flow reaches $2,046/yr on $38,123 to close, and return on cash invested stands at 25.28% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 131.69% and total cumulative return in cash at $50,205. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $883/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
9,060 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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