1912 Holiday DrNew OrleansLA70114
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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
Investment property for sale in New Orleans at 1912 Holiday Dr, New Orleans, LA, 70114 uses $89,174 cash to close to unlock $2,272/yr annual cash flow and $189/mo monthly cash flow. Total monthly income runs $1,856/mo, and a $1,317/mo payment keeps the spread at $189/mo. Purchase price stands at $269,000, and rental yield measures 8.28% with $1,856/mo rent. Return on cash invested shows 22.46% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 116.55% and total cumulative return in cash records $103,931. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,856/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Single Family
Built in 1975
8,250 sqft lot
$N/A/sqft
No HOA
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Listed by: David Dao • LATTER & BLUM (LATT10)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2501841
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