21 English Turn DrNew OrleansLA70131
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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 21 English Turn Dr, New Orleans, LA, 70131 with 5% annual appreciation on a $825,000 basis while $5,528/mo rent supports operations. Total monthly income totals $5,528/mo and a $4,038/mo payment preserves $418/mo for cash returns. Annual cash flow comes to $5,010/yr on $271,425 deployed, and return on cash invested reaches 21.91% in year one. Equity gained on principal adds $5,324/yr, and five-year appreciation sums $227,932 alongside rental yield of 8.04%. Five-year ROI measures 113.53% and total cumulative return in cash totals $308,145.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,528/mo property income versus a $4,038/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70131, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,878 (100%) |
| Owner Occupied HU | 6,671 (56.2%) |
| Renter Occupied HU | 4,083 (34.4%) |
| Vacant Housing Units | 1,124 ( 9.5%) |
| Median Home Value | $251,942 |
| Average Home Value | $315,137 |
Housing Distribution
Address Breakdown
Residential
11,262
Single Family
8,528
Multi-Family
2,734
Businesses
223
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Listed by: John McCann • KELLER WILLIAMS REALTY 455-0100
Mls Name: GSREIN
Mls ID: #2538197