1230 Antonine 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
Rental property for sale in New Orleans at 1230 Antonine St, New Orleans, LA, 70115 generates $3,221/mo in rent, after a $3,035/mo payment. Total monthly income is $3,221/mo. Return on cash invested sits at 15.08% in year one, and rental yield is 6.23% on a $620,000 entry. Equity gained on principal adds $4,001/yr, while 5% annual appreciation builds toward $171,295 over five years. Five-year ROI reaches 77.41% and total cumulative return in cash sums $157,899. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,221/mo property income rather than buyer’s personal income.
Townhouse
Built in 1983
2,047 sqft lot
$N/A/sqft
No HOA
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Listed by: Lauren Derocha • McEnery Residential, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2508152
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