1805 Music St, New Orleans, LA, 70117 | $256/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1805 Music St, New Orleans, LA, 70117 | $256/mo Cash Flow | Ziffy

For Sale

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Motivated Seller+ 1 more

3 Bed
2 Bath
1397 sft

334 River Ridge Dr, Boutte, LA, 70039

2 Bed
1 Bath
770 sft

4854 Camp St, New Orleans, LA, 70115

1 Bed
1 Bath
568 sft

1205 Saint Charles Ave APT 502, New Orleans, LA, 70130

1 Bed
1 Bath
735 sft

1119 Bourbon St #6, New Orleans, LA, 70116

Nearby investment properties with comparable prices

3 Bed
2 Bath
2004 sft

1713 Thomas St, Gretna, LA, 70053

4 Bed
2 Bath
1864 sft

4936 Liberty Oaks Dr, Marrero, LA, 70072

Investment Property+ 2 more

6 Bed
4 Bath
2328 sft

2514-16 S Tonti St, New Orleans, LA, 70125

3 Bed
2 Bath
1440 sft

3436 S Robertson St, New Orleans, LA, 70115

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in New Orleans at 1805 Music St, New Orleans, LA, 70117 offers a 8.46% rental yield on a $300,000 purchase with $2,114/mo rent. Total monthly income registers $2,114/mo, and a $1,468/mo payment leaves $256/mo available for distribution. Annual cash flow reaches $3,072/yr on $99,450 to close, and return on cash invested stands at 23% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 119.41% and total cumulative return in cash at $118,752. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,114/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1989

5,998 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 1805 Music Street, nestled in the heart of the vibrant St. Roch neighborhood. This 3-bedroom, 2-bath home features an open-concept layout designed for comfortable everyday living and easy entertaining. The recently renovated kitchen adds modern appeal, while wood-look tile flooring flows throughout the main living areas and tile finishes the bathroomsno carpet throughout. The living room is accented by an electric fireplace insert, creating a warm and inviting focal point. The primary bathroom is your own personal spa, featuring gorgeous tile throughout, an oversized tiled shower, a relaxing soaking tub, and an electric fireplace above the tub for a truly tranquil retreat. Situated on a fenced corner lot, the property includes a cozy front porch, a detached carport with rear yard access, and a detached storage shedoffering both functionality and flexibility. Located near local dining, music, and cultural attractions, this home delivers updated comfort with classic New Orleans charm.

Neighborhood Data

Neighborhood data shown for ZIP Code: 70117, New Orleans, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,497 (100%)
Owner Occupied HU	6,234 (37.8%)
Renter Occupied HU	7,290 (44.2%)
Vacant Housing Units	2,973 (18.0%)
Median Home Value	$297,388
Average Home Value	$417,629