2211 Lauradale DrNew OrleansLA70114
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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 2211 Lauradale Dr, New Orleans, LA, 70114 priced at $150,000 converts $1,261/mo rent into $332/mo cash flow after a $734/mo obligation. Total monthly income equals $1,261/mo, and annual cash flow totals $3,984/yr on $49,725 invested. Return on cash invested prints 27.92% in year one, and rental yield reads 10.09% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 145.8% and total cumulative return in cash sums $72,498. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,261/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1976
5,026 sqft lot
$N/A/sqft
No HOA
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Listed by: Marysol Aranda • NOLA Living Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2490902
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.