1930 Dumaine StNew OrleansLA70116
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
Investment Highlights
Investment property for sale in New Orleans at 1930 Dumaine St, New Orleans, LA, 70116 listed at $266,900 pairs $2,770/mo rent with a $1,306/mo payment to leave $1,117/mo cash flow. Total monthly income runs $2,770/mo, and annual cash flow reaches $13,404/yr on $88,477 cash to close. Return on cash invested measures 35.06% in year one, and rental yield registers 12.45% at a $266,900 basis. Equity gained on principal adds $1,722/yr, and annual property appreciation at 5% supports $73,740 by year five. Five-year ROI tracks 184.14% and total cumulative return in cash totals $162,924. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,770/mo property income relative to a $1,306/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
4,678 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70116, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,811 (100%) |
| Owner Occupied HU | 2,243 (22.9%) |
| Renter Occupied HU | 4,387 (44.7%) |
| Vacant Housing Units | 3,181 (32.4%) |
| Median Home Value | $456,334 |
| Average Home Value | $578,875 |
Housing Distribution
Address Breakdown
Residential
8,406
Single Family
6,376
Multi-Family
2,030
Businesses
902
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chip Julien • Donald Julien & Associates, Inc.
Mls Name: GSREIN
Mls ID: #2517843