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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in New Orleans at 1001 Julia St APT 13G, New Orleans, LA, 70113 offers a 3.3% rental yield on a $575,000 purchase with $1,580/mo rent. 49% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 36.23% and total cumulative return in cash at $68,543. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,580/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 70113, New Orleans, LA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,852 (100%) |
| Owner Occupied HU | 975 (16.7%) |
| Renter Occupied HU | 3,741 (63.9%) |
| Vacant Housing Units | 1,136 (19.4%) |
| Median Home Value | $354,392 |
| Average Home Value | $535,695 |
Residential
5,399
Single Family
3,773
Multi-Family
1,626
Businesses
579
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kristin Patterson • Compass Uptown-Maple St (LATT28)
Mls Name: GSREIN
Mls ID: #2515492
