1736 4th 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
Rental property for sale in New Orleans at 1736 4th St, New Orleans, LA, 70113 generates $1,991/mo in rent and, after a $1,493/mo payment, leaves $102/mo in cash flow. Total monthly income is $1,991/mo, and annual cash flow is $1,218/yr on $101,107 invested. Return on cash invested sits at 21.11% in year one, and rental yield is 7.83% on a $304,999 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 109.33% and total cumulative return in cash sums $110,541. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,991/mo property income rather than buyer’s personal income.
Multi Family
Built in 1941
N/A 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: Brady Bynog • Epique Realty
Mls Name: GCLRA
Mls ID: #2528014