13142 Chateau CtNew OrleansLA70129
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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 13142 Chateau Ct, New Orleans, LA, 70129 generates $1,474/mo in rent and, after a $925/mo payment, leaves $303/mo in cash flow. Total monthly income is $1,474/mo, and annual cash flow is $3,640/yr on $62,654 invested. Return on cash invested sits at 25.72% in year one, and rental yield is 9.36% on a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 134.05% and total cumulative return in cash sums $83,986. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,474/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
6,820 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70129, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,214 (100%) |
| Owner Occupied HU | 2,137 (50.7%) |
| Renter Occupied HU | 1,648 (39.1%) |
| Vacant Housing Units | 429 (10.2%) |
| Median Home Value | $196,177 |
| Average Home Value | $244,719 |
Housing Distribution
Address Breakdown
Residential
4,090
Single Family
3,843
Multi-Family
247
Businesses
293
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Listed by: Willie Miller • Crown Jewel Realty LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2483640
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