2424 Valence St, New Orleans, LA, 70115 | $971/mo Cash Flow

For Sale

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

Rental property for sale in New Orleans at 2424 Valence St, New Orleans, LA, 70115 generates $4,626/mo in rent and, after a $2,888/mo payment, leaves $971/mo in cash flow. Total monthly income is $4,626/mo, and annual cash flow is $11,652/yr on $194,110 invested. Return on cash invested sits at 26.06% in year one, and rental yield is 9.41% on a $590,000 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation builds toward $163,006 over five years. Five-year ROI reaches 135.8% and total cumulative return in cash sums $263,608. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,626/mo property income rather than buyer’s personal income.

Townhouse

Built in 1940

3,600 sqft lot

$N/A/sqft

No HOA