2416 Amelia St, New Orleans, LA, 70115 | $223/mo Cash Flow

For Sale

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 2416 Amelia St, New Orleans, LA, 70115 offers a 7.94% rental yield on a $525,000 purchase with $3,475/mo rent. Total monthly income registers $3,475/mo, and a $2,570/mo payment leaves $223/mo available for distribution. Annual cash flow reaches $2,670/yr on $172,725 to close, and return on cash invested stands at 21.61% in year one. Equity gained on principal adds $3,388/yr while 5% annual appreciation supports $145,048 over five years. Portfolio math shows five-year ROI at 111.94% and total cumulative return in cash at $193,341. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,475/mo property income against a $2,570/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1936

3,950 sqft lot

$N/A/sqft

No HOA