1337 Elysian Fields AveNew OrleansLA70117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1337 Elysian Fields Ave, New Orleans, LA, 70117 listed at $171,100 pairs $1,840/mo rent with a $837/mo payment to leave $672/mo cash flow. Total monthly income runs $1,840/mo, and annual cash flow reaches $8,067/yr on $56,720 cash to close. Return on cash invested measures 34.13% in year one, and rental yield registers 12.9% at a $171,100 basis. Equity gained on principal adds $1,104/yr, and annual property appreciation at 5% supports $47,272 by year five. Five-year ROI tracks 179.99% and total cumulative return in cash totals $102,090. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,840/mo property income relative to a $837/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1920
5,044 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70117, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,497 (100%) |
| Owner Occupied HU | 6,234 (37.8%) |
| Renter Occupied HU | 7,290 (44.2%) |
| Vacant Housing Units | 2,973 (18.0%) |
| Median Home Value | $297,388 |
| Average Home Value | $417,629 |
Housing Distribution
Address Breakdown
Residential
16,789
Single Family
16,085
Multi-Family
704
Businesses
737
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A