2000 Easter Ln, New Orleans, LA, 70114 | $1,120/mo Cash Flow

For Sale

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 2000 Easter Ln, New Orleans, LA, 70114 offers a 11.93% rental yield on a $299,000 purchase with $2,972/mo rent. Total monthly income registers $2,972/mo, and a $1,463/mo payment leaves $1,120/mo available for distribution. Annual cash flow reaches $13,444/yr on $99,119 to close, and return on cash invested stands at 33.47% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 175.61% and total cumulative return in cash at $174,058. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,972/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1970

6,838 sqft lot

$N/A/sqft

No HOA