2025 Conti StNew OrleansLA70112
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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 2025 Conti St, New Orleans, LA, 70112 priced at $294,900 pairs $2,340/mo rent with $514/mo cash flow after a $1,443/mo payment. Total monthly income equals $2,340/mo, and annual cash flow comes to $6,164/yr on $97,759 invested. Return on cash invested is 26.21% in year one, and rental yield stands at 9.52% on a $294,900 basis. Equity gained on principal adds $1,903/yr, and 5% annual appreciation accumulates to $81,475 by year five. Five-year ROI measures 136.66% and total cumulative return in cash reaches $133,603. For financing, Ziffy Mortgage’s DSCR program evaluates $2,340/mo property income against a $1,443/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1913
3,044 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70112, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,224 (100%) |
| Owner Occupied HU | 298 ( 7.1%) |
| Renter Occupied HU | 2,643 (62.6%) |
| Vacant Housing Units | 1,283 (30.4%) |
| Median Home Value | $461,184 |
| Average Home Value | $568,541 |
Housing Distribution
Address Breakdown
Residential
4,644
Single Family
1,551
Multi-Family
3,093
Businesses
904
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Listed by: Sarah Aucoin • CBTEC MAGAZINE
Mls Name: GSREIN
Mls ID: #2501153