2100 Saint Charles Ave APT 7ANew OrleansLA70130
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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 2100 Saint Charles Ave APT 7A, New Orleans, LA, 70130 generates $1,860/mo in rent and, after a $1,026/mo payment, leaves $428/mo in cash flow. Total monthly income is $1,860/mo, and annual cash flow is $5,139/yr on $69,516 invested. Return on cash invested sits at 27.3% in year one, and rental yield is 10.64% on a $209,700 entry. Equity gained on principal adds $1,353/yr, while 5% annual appreciation builds toward $57,936 over five years. Five-year ROI reaches 143.35% and total cumulative return in cash sums $99,653. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,860/mo property income rather than buyer’s personal income.
Condo
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70130, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,642 (100%) |
| Owner Occupied HU | 2,914 (25.0%) |
| Renter Occupied HU | 5,842 (50.2%) |
| Vacant Housing Units | 2,886 (24.8%) |
| Median Home Value | $581,655 |
| Average Home Value | $726,576 |
Housing Distribution
Address Breakdown
Residential
11,455
Single Family
5,270
Multi-Family
6,185
Businesses
2,549
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Listed by: N/A • N/A
Mls Name: Latter and Blum
Mls ID: #2451941