200 Alonzo StNew OrleansLA70115
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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
Rental property for sale in New Orleans at 200 Alonzo St, New Orleans, LA, 70115 offers $1,833/mo rent that, after a $1,067/mo payment, leaves $339/mo cash flow. Total monthly income is $1,833/mo, and annual cash flow is $4,062/yr on $72,267 cash. Return on cash invested measures 25.53% in year one, and rental yield stands at 10.09% at a $218,000 entry. Equity gained on principal adds $1,407/yr while 5% annual appreciation compounds into $60,229 by year five. Five-year ROI records 133.88% and total cumulative return in cash reaches $96,751. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,833/mo property income versus a $1,067/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
3,060 sqft lot
$N/A/sqft
No HOA
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Listed by: Meredith Strachan • McEnery Residential, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2500090
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