157 Pinewood CtNew 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 157 Pinewood Ct, New Orleans, LA, 70114 with 5% annual appreciation on a $129,000 basis while $1,027/mo rent supports operations. Total monthly income totals $1,027/mo and a $631/mo payment preserves $228/mo for cash returns. Annual cash flow comes to $2,740/yr on $42,764 deployed, and return on cash invested reaches 26.32% in year one. Equity gained on principal adds $832/yr, and five-year appreciation sums $35,640 alongside rental yield of 9.55%. Five-year ROI measures 137.31% and total cumulative return in cash totals $58,717.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,027/mo property income versus a $631/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1980
2,000 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Hoa Nguyen • People's Realty, Inc.
Mls Name: GSREIN
Mls Provider:
Mls ID: #2456206
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. [Click here for more information](/info/mls-disclaimers/#mls_250)