1631 Baronne StNew OrleansLA70113
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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
Investment Highlights
Investment property for sale in New Orleans at 1631 Baronne St, New Orleans, LA, 70113 at $798,900 posts ROI 7.26% with from $2,144/mo rent. Total monthly income equals $2,144/mo. Return on cash invested measures 7.26% and rental yield reads 3.22% at the current $798,900. Equity gained on principal adds $5,155/yr, and 5% annual appreciation supports $220,721 by year five. Five-year ROI prints 34.97% and total cumulative return in cash totals $91,906. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,144/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
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 |
Housing Distribution
Address Breakdown
Residential
5,399
Single Family
3,773
Multi-Family
1,626
Businesses
579
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Listed by: Christopher Talbot • Talbot Realty Group
Mls Name: GSREIN
Mls ID: #2501949