2315 Peniston St, New Orleans, LA, 70115 | $178/mo Cash Flow

Pending

Currently Rented

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New Orleans at 2315 Peniston St, New Orleans, LA, 70115 uses $95,472 cash to close to unlock $2,131/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $1,962/mo, and a $1,410/mo payment keeps the spread at $178/mo. Purchase price stands at $288,000, and rental yield measures 8.18% with $1,962/mo rent. Return on cash invested shows 22.14% in year one, and 5% annual appreciation builds toward $79,569 over five years. Five-year ROI reaches 114.83% and total cumulative return in cash records $109,632. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,962/mo property income covering a $1,410/mo payment rather than investor’s personal income.

Multi Family

Built in 1950

4,400 sqft lot

$N/A/sqft

No HOA