1616 Tita St, New Orleans, LA, 70114 | $246/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

Rental property for sale in New Orleans at 1616 Tita St, New Orleans, LA, 70114 generates $1,231/mo in rent and, after a $778/mo payment, leaves $246/mo in cash flow. Total monthly income is $1,231/mo, and annual cash flow is $2,956/yr on $52,709 invested. Return on cash invested sits at 25.52% in year one, and rental yield is 9.29% on a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 133% and total cumulative return in cash sums $70,104. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,231/mo property income rather than buyer’s personal income.

Single Family

Built in 1955

4,500 sqft lot

$N/A/sqft

No HOA