1534 General Collins Ave, New Orleans, LA, 70114 | $300/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New Orleans at 1534 General Collins Ave, New Orleans, LA, 70114 uses $64,609 cash to close to unlock $3,596/yr annual cash flow and $300/mo monthly cash flow. Total monthly income runs $1,507/mo, and a $954/mo payment keeps the spread at $300/mo. Purchase price stands at $194,900, and rental yield measures 9.28% with $1,507/mo rent. Return on cash invested shows 25.47% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 132.71% and total cumulative return in cash records $85,743. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,507/mo property income covering a $954/mo payment rather than investor’s personal income.

Single Family

Built in 1965

0.29 Acres lot

$N/A/sqft

No HOA