11 Westpark CtNew OrleansLA70114
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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 11 Westpark Ct, New Orleans, LA, 70114 generates $780/mo in rent and, after a $502/mo payment, leaves $145/mo in cash flow. Total monthly income is $780/mo, and annual cash flow is $1,737/yr on $33,979 invested. Return on cash invested sits at 25.02% in year one, and rental yield is 9.13% on a $102,500 entry. Equity gained on principal adds $661/yr, while 5% annual appreciation builds toward $28,319 over five years. Five-year ROI reaches 130.31% and total cumulative return in cash sums $44,277. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $780/mo property income rather than buyer’s personal income.
Townhouse
Built in 1986
2,000 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Stephen Leaumont • Homesmart Realty South
Mls Name: GSREIN
Mls Provider:
Mls ID: #2478244
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