1627 Baronne St, New Orleans, LA, 70113 | 4.15% Rental Yield

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

Total monthly income runs $2,760/mo, and a $3,910/mo payment. Purchase price stands at $798,900, and rental yield measures 4.15% with $2,760/mo rent. Return on cash invested shows 10.07% in year one, and 5% annual appreciation builds toward $220,721 over five years. Five-year ROI reaches 50.05% and total cumulative return in cash records $131,554. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,760/mo property income covering a $3,910/mo payment rather than investor’s personal income.

Single Family

Built in 2019

2,805 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70113, New Orleans, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,852 (100%)
Owner Occupied HU	975 (16.7%)
Renter Occupied HU	3,741 (63.9%)
Vacant Housing Units	1,136 (19.4%)
Median Home Value	$354,392
Average Home Value	$535,695