2437 Jefferson Ave, New Orleans, LA, 70115 | 4.06% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
2102 sft

917 Conti St #PENTHOUSE A, New Orleans, LA, 70112

4 Bed
6 Bath
3985 sft

8 Tokalon Pl, Metairie, LA, 70001

5 Bed
5 Bath
4706 sft

1557 Webster St, New Orleans, LA, 70118

4 Bed
4 Bath
3775 sft

20 Castle Pines Dr, New Orleans, LA, 70131

Nearby investment properties with comparable prices

5 Bed
5 Bath
3593 sft

723 Esplanade Ave, New Orleans, LA, 70116

4 Bed
4 Bath
2740 sft

839 Dumaine St, New Orleans, LA, 70116

8 Bed
4 Bath
3582 sft

525 Conti St, New Orleans, LA, 70130

- Bed
- Bath
6600 sft

2014 N Rampart St, New Orleans, LA, 70116

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

Rental property for sale in New Orleans at 2437 Jefferson Ave, New Orleans, LA, 70115 generates $6,090/mo in rent, after a $8,810/mo payment. Total monthly income is $6,090/mo. Return on cash invested sits at 9.96% in year one, and rental yield is 4.06% on a $1,800,000 entry. Equity gained on principal adds $11,615/yr, while 5% annual appreciation builds toward $497,307 over five years. Five-year ROI reaches 49.38% and total cumulative return in cash sums $288,011. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,090/mo property income rather than buyer’s personal income.

Single Family

Built in 1926

10,768 sqft lot

$N/A/sqft

No HOA