2320 Clouet St, New Orleans, LA, 70117 | $156/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

2320 Clouet St, New Orleans, LA, 70117 | $156/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Currently Rented+ 1 more

2 Bed
1 Bath
800 sft

359 Sala Ave, Westwego, LA, 70094

3 Bed
2 Bath
1742 sft

1936 Estalote Ave, Harvey, LA, 70058

Motivated Seller+ 1 more

3 Bed
2 Bath
1450 sft

1965 Plantation St, Lafitte, LA, 70067

Currently Rented+ 3 more

2 Bed
1 Bath
807 sft

820 Garden Rd, Marrero, LA, 70072

Nearby investment properties with comparable prices

Investment Property+ 1 more

3 Bed
1 Bath
996 sft

248 Jamie Blvd, Westwego, LA, 70094

3 Bed
2 Bath
1742 sft

1936 Estalote Ave, Harvey, LA, 70058

3 Bed
1 Bath
893 sft

3048 Sienna Dr, Harvey, LA, 70058

2 Bed
2 Bath
1156 sft

2116 New Orleans St, New Orleans, LA, 70119

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in New Orleans at 2320 Clouet St, New Orleans, LA, 70117 uses $36,134 cash to close to unlock $1,876/yr annual cash flow and $156/mo monthly cash flow. Total monthly income runs $832/mo, and a $534/mo payment keeps the spread at $156/mo. Purchase price stands at $109,000, and rental yield measures 9.16% with $832/mo rent. Return on cash invested shows 25.1% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 130.78% and total cumulative return in cash records $47,254. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $832/mo property income covering a $534/mo payment rather than investor’s personal income.

Single Family

Built in 1948

3,162 sqft lot

$N/A/sqft

No HOA

More details about the property

This home is ideal as a primary residence, investment property, or for someone who wants to live in it while making updates. The exterior features stucco and brick, and the yard is fenced. There is plenty of off-street parking. The house underwent a full renovation in 2006 after Katrina. It includes four spacious bedrooms and two full bathrooms, each with a combination bathtub and stand-up shower. The kitchen is equipped with granite countertops and stainless steel appliances, including a refrigerator, dishwasher, built-in microwave, stovetop, and oven. The washer in the laundry room is also included.

Neighborhood Data

Neighborhood data shown for ZIP Code: 70117, New Orleans, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,497 (100%)
Owner Occupied HU	6,234 (37.8%)
Renter Occupied HU	7,290 (44.2%)
Vacant Housing Units	2,973 (18.0%)
Median Home Value	$297,388
Average Home Value	$417,629