1227 Annunciation StNew OrleansLA70130
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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 1227 Annunciation St, New Orleans, LA, 70130 offers a 7.48% rental yield on a $639,000 purchase with $3,985/mo rent. Total monthly income registers $3,985/mo, and a $3,128/mo payment leaves $26/mo available for distribution. Annual cash flow reaches $316/yr on $210,231 to close, and return on cash invested stands at 20.21% in year one. Equity gained on principal adds $4,123/yr while 5% annual appreciation supports $176,544 over five years. Portfolio math shows five-year ROI at 104.44% and total cumulative return in cash at $219,568. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,985/mo property income against a $3,128/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
2,160 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70130, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,642 (100%) |
| Owner Occupied HU | 2,914 (25.0%) |
| Renter Occupied HU | 5,842 (50.2%) |
| Vacant Housing Units | 2,886 (24.8%) |
| Median Home Value | $581,655 |
| Average Home Value | $726,576 |
Housing Distribution
Address Breakdown
Residential
11,455
Single Family
5,270
Multi-Family
6,185
Businesses
2,549
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Listed by: Rebecca Waxman • McEnery Residential, LLC
Mls Name: GSREIN
Mls ID: #2533351