2031 General Taylor St,New Orleans,LA,70115

Investment Highlights

Investment property for sale in New Orleans at 2031 General Taylor St, New Orleans, LA, 70115 offers a 29.71% rental yield on a $355,400 purchase with $8,800/mo rent. Total monthly income registers $8,800/mo, and a $1,740/mo payment leaves $6,598/mo available for distribution. Annual cash flow reaches $79,176/yr on $117,815 to close, and return on cash invested stands at 87.11% in year one. Equity gained on principal adds $2,293/yr while 5% annual appreciation supports $98,190 over five years. Portfolio math shows five-year ROI at 463.22% and total cumulative return in cash at $545,741. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,800/mo property income against a $1,740/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.