1900-00 Philip St, New Orleans, LA, 70115 | $4,031/mo Cash Flow

For Sale

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 1900-00 Philip St, New Orleans, LA, 70115 generates $8,800/mo in rent and, after a $3,768/mo payment, leaves $4,031/mo in cash flow. Total monthly income is $8,800/mo, and annual cash flow is $48,374/yr on $253,297 invested. Return on cash invested sits at 39.16% in year one, and rental yield is 13.72% on a $769,900 entry. Equity gained on principal adds $4,968/yr, while 5% annual appreciation builds toward $212,709 over five years. Five-year ROI reaches 206.05% and total cumulative return in cash sums $521,917. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,800/mo property income rather than buyer’s personal income.

Multi Family

Built in 2025

4,500 sqft lot

$N/A/sqft

No HOA