1411 Terpsichore 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 1411 Terpsichore St, New Orleans, LA, 70130 earns $907/mo cash flow from $6,600/mo rent with a $4,498/mo payment. Total monthly income totals $6,600/mo, and annual cash flow totals $10,888/yr on $302,351 capital. ROI tracks 23.66% on current figures, and rental yield reads 8.62% at a $919,000 purchase. Equity gained on principal adds $5,930/yr, and 5% annual appreciation supports $253,903 over five years. Five-year ROI reaches 122.94% and total cumulative return in cash sums $371,725. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,600/mo property income instead of your personal income.
Multi Family
Built in 1850
4,608 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: Lara Schultz • REVE, REALTORS
Mls Name: GSREIN
Mls ID: #2526909