2014 Lapeyrouse StNew OrleansLA70116
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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 2014 Lapeyrouse St, New Orleans, LA, 70116 priced at $234,000 converts $2,059/mo rent into $610/mo cash flow after a $1,145/mo obligation. Total monthly income equals $2,059/mo, and annual cash flow totals $7,318/yr on $77,571 invested. Return on cash invested prints 29.34% in year one, and rental yield reads 10.56% against a $234,000 entry. Equity gained on principal adds $1,510/yr, while 5% annual appreciation compiles into $64,650 by year five. Five-year ROI reaches 153.45% and total cumulative return in cash sums $119,031. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,059/mo property income covering a $1,145/mo payment, not borrower’s personal income.
Multi Family
Built in 1950
6,751 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
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Listed by: Demetria Miller • NOLA Property Collective, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2478834
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