1119 Leboeuf StNew OrleansLA70114
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1119 Leboeuf St, New Orleans, LA, 70114 in New Orleans hard to pass up. The 12.63% gross yield on a $140,000 purchase results in $1,474/mo in rent and $550/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.34). Annual cash flow of $6,605, five-year appreciation of $38,679, and $1,289/yr in equity build-up combine for a projected total cumulative return of $92,100.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 5.2% |
| Monthly Cash Flow | $550 | $850 |
City averages based on New Orleans market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,474 |
| Total Monthly Debt Service | $812 |
| DSCR Ratio | 1.82x |
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.
Multi Family
Built in 1971
4,421 sqft lot
$N/A/sqft
No HOA
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
Multi Family
Built in 1971
4,421 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa McClendon • Nola Home Realty Group
Mls Name: GSREIN
Mls Provider:
Mls ID: #2478252
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