1701 Wagner St, New Orleans, LA, 70114 | $236/mo Cash Flow

For Sale

Motivated Seller

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 1701 Wagner St, New Orleans, LA, 70114 generates $1,317/mo in rent and, after a $854/mo payment, leaves $236/mo in cash flow. Total monthly income is $1,317/mo, and annual cash flow is $2,834/yr on $57,847 invested. Return on cash invested sits at 24.81% in year one, and rental yield is 9.06% on a $174,500 entry. Equity gained on principal adds $1,126/yr, while 5% annual appreciation builds toward $48,211 over five years. Five-year ROI reaches 129.19% and total cumulative return in cash sums $74,730. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,317/mo property income rather than buyer’s personal income.

Single Family

Built in 1950

4,425 sqft lot

$N/A/sqft

No HOA