1119 Leboeuf StNew 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 1119 Leboeuf St, New Orleans, LA, 70114 priced at $140,000 converts $1,474/mo rent into $607/mo cash flow after a $685/mo obligation. Total monthly income equals $1,474/mo, and annual cash flow totals $7,284/yr on $46,410 invested. Return on cash invested prints 35.6% in year one, and rental yield reads 12.63% against a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,679 by year five. Five-year ROI reaches 186.99% and total cumulative return in cash sums $86,782. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,474/mo property income covering a $685/mo payment, not borrower’s personal income.
Multi Family
Built in 1971
4,421 sqft lot
$N/A/sqft
No HOA
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Listed by: Melissa McClendon • Nola Home Realty Group
Mls Name: GSREIN
Mls Provider:
Mls ID: #2478252
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