211 10th St #211New OrleansLA70124
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 211 10th St #211, New Orleans, LA, 70124 listed at $231,700 pairs $2,990/mo rent with a $1,134/mo payment to leave $1,055/mo cash flow. Total monthly income runs $2,990/mo, and annual cash flow reaches $12,657/yr on $76,809 cash to close. Return on cash invested measures 36.39% in year one, and rental yield registers 15.49% at a $231,700 basis. Equity gained on principal adds $1,495/yr, and annual property appreciation at 5% supports $64,014 by year five. Five-year ROI tracks 194.06% and total cumulative return in cash totals $149,052. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,990/mo property income relative to a $1,134/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2010
2,879 sqft lot
$N/A/sqft
$500 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70124, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,174 (100%) |
| Owner Occupied HU | 6,916 (68.0%) |
| Renter Occupied HU | 2,432 (23.9%) |
| Vacant Housing Units | 826 ( 8.1%) |
| Median Home Value | $588,858 |
| Average Home Value | $647,212 |
Housing Distribution
Address Breakdown
Residential
10,313
Single Family
9,693
Multi-Family
620
Businesses
329
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A