1101 Napoleon Ave APT ENew OrleansLA70115
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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 1101 Napoleon Ave APT E, New Orleans, LA, 70115 priced at $380,000 converts $2,368/mo rent into after a $1,860/mo obligation. Total monthly income equals $2,368/mo. Return on cash invested prints 14.88% in year one, and rental yield reads 7.48% against a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation compiles into $104,987 by year five. Five-year ROI reaches 77.73% and total cumulative return in cash sums $97,921. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,368/mo property income covering a $1,860/mo payment, not borrower’s personal income.
Condo
Built in 1973
6,552 sqft lot
$N/A/sqft
No HOA
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Listed by: Kayla Hansel • LATTER & BLUM (LATT18)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2495268
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