1369 Holiday PlNew OrleansLA70114
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 1369 Holiday Pl, New Orleans, LA, 70114 offers a 8.47% rental yield on a $295,900 purchase with $2,089/mo rent. Total monthly income registers $2,089/mo, and a $1,448/mo payment leaves $256/mo available for distribution. Annual cash flow reaches $3,076/yr on $98,091 to close, and return on cash invested stands at 23.04% in year one. Equity gained on principal adds $1,909/yr while 5% annual appreciation supports $81,752 over five years. Portfolio math shows five-year ROI at 119.69% and total cumulative return in cash at $117,405. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,089/mo property income against a $1,448/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
9,151 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brandy Dufrene • RE/MAX Affiliates
Mls Name: GSREIN
Mls Provider:
Mls ID: #2508174
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.