11120 Woodvine LnNew OrleansLA70128
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow11120 Woodvine Ln, New Orleans, LA, 70128 in New Orleans earns its strong cash-flow label: 11.12% yield, $2,410/mo rent, $799/mo net income, DSCR 2.06. The $260,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $71,833 by year five. Combined with $2,395/yr in principal paydown, total projected return reaches $150,045.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 5.2% |
| Monthly Cash Flow | $799 | $850 |
City averages based on New Orleans market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,410 |
| Total Monthly Debt Service | $1,507 |
| DSCR Ratio | 1.60x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1979
7,052 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70128, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,480 (100%) |
| Owner Occupied HU | 4,460 (59.6%) |
| Renter Occupied HU | 2,241 (30.0%) |
| Vacant Housing Units | 779 (10.4%) |
| Median Home Value | $242,435 |
| Average Home Value | $291,626 |
Housing Distribution
Address Breakdown
Residential
7,332
Single Family
6,256
Multi-Family
1,076
Businesses
144
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
Single Family
Built in 1979
7,052 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70128, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,480 (100%) |
| Owner Occupied HU | 4,460 (59.6%) |
| Renter Occupied HU | 2,241 (30.0%) |
| Vacant Housing Units | 779 (10.4%) |
| Median Home Value | $242,435 |
| Average Home Value | $291,626 |
Housing Distribution
Address Breakdown
Residential
7,332
Single Family
6,256
Multi-Family
1,076
Businesses
144
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Keirona Nellon • The Pellerin Group NOLA LLC
Mls Name: GSREIN
Mls ID: #2538181