1527 Dumaine StNew OrleansLA70116
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 1527 Dumaine St, New Orleans, LA, 70116 listed at $364,250 pairs $3,218/mo rent with a $1,783/mo payment to leave $961/mo cash flow. Total monthly income runs $3,218/mo, and annual cash flow reaches $11,538/yr on $120,749 cash to close. Return on cash invested measures 29.46% in year one, and rental yield registers 10.6% at a $364,250 basis. Equity gained on principal adds $2,350/yr, and annual property appreciation at 5% supports $100,636 by year five. Five-year ROI tracks 154.11% and total cumulative return in cash totals $186,084. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,218/mo property income relative to a $1,783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1885
2,944 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70116, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,811 (100%) |
| Owner Occupied HU | 2,243 (22.9%) |
| Renter Occupied HU | 4,387 (44.7%) |
| Vacant Housing Units | 3,181 (32.4%) |
| Median Home Value | $456,334 |
| Average Home Value | $578,875 |
Housing Distribution
Address Breakdown
Residential
8,406
Single Family
6,376
Multi-Family
2,030
Businesses
902
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Benjamin Harwood • NOLA HOMES CO., LLC
Mls Name: GSREIN
Mls ID: #2539545