208 Marion Ct, New Orleans, LA, 70123 | 5% Rental Yield

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 208 Marion Ct, New Orleans, LA, 70123 listed at $449,900 pairs $1,874/mo rent with a $2,202/mo payment. Total monthly income runs $1,874/mo. Return on cash invested measures 12.56% in year one, and rental yield registers 5% at a $449,900 basis. Equity gained on principal adds $2,903/yr, and annual property appreciation at 5% supports $124,299 by year five. Five-year ROI tracks 63.48% and total cumulative return in cash totals $94,678. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,874/mo property income relative to a $2,202/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 1980

4,899 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70123, New Orleans, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,843 (100%)
Owner Occupied HU	7,431 (53.7%)
Renter Occupied HU	5,379 (38.9%)
Vacant Housing Units	1,033 ( 7.5%)
Median Home Value	$370,090
Average Home Value	$428,842