1002 Mazant StNew OrleansLA70117
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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 New Orleans at 1002 Mazant St, New Orleans, LA, 70117 priced at $459,000 pairs $2,626/mo rent with after a $2,247/mo payment. Total monthly income equals $2,626/mo. Return on cash invested is 18.19% in year one, and rental yield stands at 6.87% on a $459,000 basis. Equity gained on principal adds $2,962/yr, and 5% annual appreciation accumulates to $126,813 by year five. Five-year ROI measures 93.65% and total cumulative return in cash reaches $142,499. For financing, Ziffy Mortgage’s DSCR program evaluates $2,626/mo property income against a $2,247/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1929
2,888 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70117, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,497 (100%) |
| Owner Occupied HU | 6,234 (37.8%) |
| Renter Occupied HU | 7,290 (44.2%) |
| Vacant Housing Units | 2,973 (18.0%) |
| Median Home Value | $297,388 |
| Average Home Value | $417,629 |
Housing Distribution
Address Breakdown
Residential
16,789
Single Family
16,085
Multi-Family
704
Businesses
737
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Nearby investment properties with comparable prices
Listed by: Eric Wilkinson • FQR Realtors
Mls Name: GSREIN
Mls Provider:
Mls ID: #2463437
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