1123 Cadiz StNew 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
Investment property for sale in New Orleans at 1123 Cadiz St, New Orleans, LA, 70115 earns from $2,671/mo rent with a $2,736/mo payment. Total monthly income totals $2,671/mo. ROI tracks 13.57% on current figures, and rental yield reads 5.73% at a $559,000 purchase. Equity gained on principal adds $3,607/yr, and 5% annual appreciation supports $154,441 over five years. Five-year ROI reaches 69.28% and total cumulative return in cash sums $127,407. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,671/mo property income instead of your personal income.
Single Family
Built in 1929
2,800 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Sarah Ackerman • RE/MAX N.O. Properties
Mls Name: GSREIN
Mls Provider:
Mls ID: #2508698
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