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819S South Jahncke Avenue
Covington, LA 70433
Asking Price
$1.10M
Asset Type
Residential Land
Class
Class B
What's Special
819 S. Jahncke Ave <p><span style="color: rgba(55, 65, 81, 1)">Over one acre lot on Jahncke Avenue in the heart of Old Covington. Walk, bike ride, or golf cart along scenic, tree-lined streets to Downtown Covington, local parks, and schools. Truly a prime location.</span></p><p><span style="color: rgba(55, 65, 81, 1)">Parcel can be subdivided into two lots. No value is being placed on the dwelling.</span></p><p><span style="color: rgba(55, 65, 81, 1)">Buyer to verify all intended uses, setbacks, and ordinances wit
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NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602
