1418 De Armas StNew OrleansLA70114
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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 1418 De Armas St, New Orleans, LA, 70114 with 5% annual appreciation on a $125,000 basis while $1,529/mo rent supports operations. Total monthly income totals $1,529/mo and a $612/mo payment preserves $755/mo for cash returns. Annual cash flow comes to $9,054/yr on $41,438 deployed, and return on cash invested reaches 41.76% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 14.68%. Five-year ROI measures 220.1% and total cumulative return in cash totals $91,205.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,529/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
3,149 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Patrica Mason • Properties Unlimited Realty LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2495227
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