243 Leboeuf St,New Orleans,LA,70114

Investment Highlights

Investment property for sale in New Orleans at 243 Leboeuf St, New Orleans, LA, 70114 with 5% annual appreciation on a $470,000 basis while $4,006/mo rent supports operations. Total monthly income totals $4,006/mo and a $2,300/mo payment preserves $1,095/mo for cash returns. Annual cash flow comes to $13,140/yr on $155,805 deployed, and return on cash invested reaches 28.34% in year one. Equity gained on principal adds $3,033/yr, and five-year appreciation sums $129,852 alongside rental yield of 10.23%. Five-year ROI measures 148.06% and total cumulative return in cash totals $230,685.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,006/mo property income versus a $2,300/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.