2134 Robin StNew OrleansLA70122
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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 2134 Robin St, New Orleans, LA, 70122 offers $1,894/mo rent that, after a $1,106/mo payment, leaves $494/mo cash flow. Total monthly income is $1,894/mo, and annual cash flow is $5,932/yr on $74,886 cash. Return on cash invested measures 27.83% in year one, and rental yield stands at 10.06% at a $225,900 entry. Equity gained on principal adds $1,458/yr while 5% annual appreciation compounds into $62,412 by year five. Five-year ROI records 145.36% and total cumulative return in cash reaches $108,855. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,894/mo property income versus a $1,106/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1960
5,105 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70122, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,874 (100%) |
| Owner Occupied HU | 9,079 (53.8%) |
| Renter Occupied HU | 6,021 (35.7%) |
| Vacant Housing Units | 1,774 (10.5%) |
| Median Home Value | $292,225 |
| Average Home Value | $345,976 |
Housing Distribution
Address Breakdown
Residential
16,212
Single Family
15,328
Multi-Family
884
Businesses
521
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Listed by: Mary Adams • MARY & COMPANY REAL ESTATE SERVICES
Mls Name: GSREIN
Mls Provider:
Mls ID: #2482382
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