2110-12 Seventh StNew OrleansLA70115
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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 2110-12 Seventh St, New Orleans, LA, 70115 earns $863/mo cash flow from $3,025/mo rent with a $1,708/mo payment. Total monthly income totals $3,025/mo, and annual cash flow totals $10,360/yr on $115,694 capital. ROI tracks 28.86% on current figures, and rental yield reads 10.4% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 150.88% and total cumulative return in cash sums $174,564. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,025/mo property income instead of your personal income.
Multi Family
Built in 1921
2,800 sqft lot
$N/A/sqft
No HOA
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Listed by: Chad Ghersanich • Epique Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2479789
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