1900 Philip StNew OrleansLA70115
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1900 Philip St, New Orleans, LA, 70115 in New Orleans is a top-tier cash-flow asset. At $769,900 it produces $8,800/mo in rent and $4,030/mo in net monthly income, a 13.72% gross rental yield. The DSCR of 2.54 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $48,365. Five-year appreciation adds $212,709, driving a total cumulative return of $551,375.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.7% | 5.2% |
| Monthly Cash Flow | $4,030 | $850 |
City averages based on New Orleans market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $8,800 |
| Total Monthly Debt Service | $4,463 |
| DSCR Ratio | 1.97x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 2025
4,500 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 2025
4,500 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sadat Spencer • Lagniappe Realty Team, LLC
Mls Name: GSREIN
Mls ID: #2535591