816 Avenue CKentwoodLA70444
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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
Rental property for sale in Kentwood at 816 Avenue C, Kentwood, LA, 70444 priced at $115,000 converts $908/mo rent into $196/mo cash flow after a $563/mo obligation. Total monthly income equals $908/mo, and annual cash flow totals $2,346/yr on $38,123 invested. Return on cash invested prints 26.06% in year one, and rental yield reads 9.47% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 135.94% and total cumulative return in cash sums $51,825. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $908/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1965
1.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70444, Kentwood, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,162 (100%) |
| Owner Occupied HU | 3,399 (65.8%) |
| Renter Occupied HU | 874 (16.9%) |
| Vacant Housing Units | 889 (17.2%) |
| Median Home Value | $197,641 |
| Average Home Value | $220,916 |
Housing Distribution
Address Breakdown
Residential
4,546
Single Family
4,530
Multi-Family
16
Businesses
241
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