235 Belleville StNew OrleansLA70114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 235 Belleville St, New Orleans, LA, 70114 priced at $397,500 converts $2,100/mo rent into after a $1,946/mo obligation. Total monthly income equals $2,100/mo. Return on cash invested prints 15.4% in year one, and rental yield reads 6.34% against a $397,500 entry. Equity gained on principal adds $2,565/yr, while 5% annual appreciation compiles into $109,822 by year five. Five-year ROI reaches 79.15% and total cumulative return in cash sums $104,303. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,100/mo property income covering a $1,946/mo payment, not borrower’s personal income.
Single Family
Built in 1899
4,168 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shaun McCarthy • McCarthy Group REALTORS
Mls Name: GSREIN
Mls Provider:
Mls ID: #2499299
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.