1913 7th St, New Orleans, LA, 70115 | 1.83% Rental Yield

For Sale

Currently Rented

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

Investment property for sale in New Orleans at 1913 7th St, New Orleans, LA, 70115 listed at $795,000 pairs $1,215/mo rent with a $3,891/mo payment. Total monthly income runs $1,215/mo. Return on cash invested measures 3.04% in year one, and rental yield registers 1.83% at a $795,000 basis. Equity gained on principal adds $5,130/yr, and annual property appreciation at 5% supports $219,644 by year five. Five-year ROI tracks 12.37% and total cumulative return in cash totals $32,350. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,215/mo property income relative to a $3,891/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 1960

10,488 sqft lot

$N/A/sqft

No HOA