1874 Industry StNew OrleansLA70119
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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 1874 Industry St, New Orleans, LA, 70119 generates $1,267/mo in rent and, after a $812/mo payment, leaves $239/mo in cash flow. Total monthly income is $1,267/mo, and annual cash flow is $2,870/yr on $55,029 invested. Return on cash invested sits at 25.13% in year one, and rental yield is 9.16% on a $166,000 entry. Equity gained on principal adds $1,071/yr, while 5% annual appreciation builds toward $45,863 over five years. Five-year ROI reaches 130.89% and total cumulative return in cash sums $72,025. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,267/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
3,645 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70119, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,320 (100%) |
| Owner Occupied HU | 6,212 (29.1%) |
| Renter Occupied HU | 12,249 (57.5%) |
| Vacant Housing Units | 2,859 (13.4%) |
| Median Home Value | $392,649 |
| Average Home Value | $472,383 |
Housing Distribution
Address Breakdown
Residential
21,580
Single Family
18,442
Multi-Family
3,138
Businesses
1,860
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Listed by: Ashley Callahan • 1 Percent Lists Gulf South
Mls Name: GSREIN
Mls ID: #2534408