1201 Casa Calvo 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 1201 Casa Calvo St, New Orleans, LA, 70114 priced at $199,900 pairs $2,062/mo rent with $824/mo cash flow after a $978/mo payment. Total monthly income equals $2,062/mo, and annual cash flow comes to $9,890/yr on $66,267 invested. Return on cash invested is 34.83% in year one, and rental yield stands at 12.38% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 182.93% and total cumulative return in cash reaches $121,225. For financing, Ziffy Mortgage’s DSCR program evaluates $2,062/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1958
2,326 sqft lot
$N/A/sqft
No HOA
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Listed by: Chip Julien • Donald Julien & Associates, Inc.
Mls Name: GSREIN
Mls Provider:
Mls ID: #2477298
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