2309-11 Louisiana AveNew 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 2309-11 Louisiana Ave, New Orleans, LA, 70115 offers a 8.36% rental yield on a $699,900 purchase with $4,876/mo rent. Total monthly income registers $4,876/mo, and a $3,426/mo payment leaves $540/mo available for distribution. Annual cash flow reaches $6,482/yr on $230,267 to close, and return on cash invested stands at 22.88% in year one. Equity gained on principal adds $4,516/yr while 5% annual appreciation supports $193,369 over five years. Portfolio math shows five-year ROI at 118.73% and total cumulative return in cash at $273,404. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,876/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2025
3,092 sqft lot
$N/A/sqft
No HOA
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Listed by: Shawn Parent • 1 Percent Lists
Mls Name: GSREIN
Mls Provider:
Mls ID: #2483843
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