101 English Turn DrNew OrleansLA70131
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $3,739/mo, and a $5,869/mo payment. Purchase price stands at $1,199,000, and rental yield measures 3.74% with $3,739/mo rent. Return on cash invested shows 7.3% in year one, and 5% annual appreciation builds toward $331,262 over five years. Five-year ROI reaches 35.72% and total cumulative return in cash records $138,777. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,739/mo property income covering a $5,869/mo payment rather than investor’s personal income.
Single Family
Built in 1999
N/A lot
$N/A/sqft
$1,650 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70131, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,878 (100%) |
| Owner Occupied HU | 6,671 (56.2%) |
| Renter Occupied HU | 4,083 (34.4%) |
| Vacant Housing Units | 1,124 ( 9.5%) |
| Median Home Value | $251,942 |
| Average Home Value | $315,137 |
Housing Distribution
Address Breakdown
Residential
11,262
Single Family
8,528
Multi-Family
2,734
Businesses
223
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly Waltemath Wall • Keller Williams Realty Services
Mls Name: GSREIN
Mls Provider:
Mls ID: #2506958
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.