10821 Roger DrNew OrleansLA70127
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
Investment property for sale in New Orleans at 10821 Roger Dr, New Orleans, LA, 70127 listed at $399,500 pairs $1,620/mo rent with a $1,955/mo payment. Total monthly income runs $1,620/mo. Return on cash invested measures 12.17% in year one, and rental yield registers 4.87% at a $399,500 basis. Equity gained on principal adds $2,578/yr, and annual property appreciation at 5% supports $110,374 by year five. Five-year ROI tracks 61.34% and total cumulative return in cash totals $81,231. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,620/mo property income relative to a $1,955/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1982
9,017 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70127, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,411 (100%) |
| Owner Occupied HU | 4,382 (42.1%) |
| Renter Occupied HU | 5,014 (48.2%) |
| Vacant Housing Units | 1,015 ( 9.7%) |
| Median Home Value | $218,265 |
| Average Home Value | $295,266 |
Housing Distribution
Address Breakdown
Residential
10,378
Single Family
7,539
Multi-Family
2,839
Businesses
643
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dominique Rouzan • John Anthony Realty LLC
Mls Name: GSREIN
Mls ID: #2523789