2003 Greenpoint Dr #2003New 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 2003 Greenpoint Dr #2003, New Orleans, LA, 70114 earns from $889/mo rent with a $578/mo payment. Total monthly income totals $889/mo. ROI tracks 14.01% on current figures, and rental yield reads 9.04% at a $117,990 purchase. Equity gained on principal adds $761/yr, and 5% annual appreciation supports $32,598 over five years. Five-year ROI reaches 75.14% and total cumulative return in cash sums $29,388. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $889/mo property income instead of your personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
$4,200 annually HOA
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Listed by: Jonathan Minerick • Homecoin.com
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024019249
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 ROAM MLS.