2455 Mercedes Blvd,New Orleans,LA,70114

Investment Highlights

Rental property for sale in New Orleans at 2455 Mercedes Blvd, New Orleans, LA, 70114 generates $1,969/mo in rent and, after a $840/mo payment, leaves $906/mo in cash flow. Total monthly income is $1,969/mo, and annual cash flow is $10,869/yr on $56,919 invested. Return on cash invested sits at 39.01% in year one, and rental yield is 13.76% on a $171,700 entry. Equity gained on principal adds $1,108/yr, while 5% annual appreciation builds toward $47,438 over five years. Five-year ROI reaches 205.25% and total cumulative return in cash sums $116,823. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,969/mo property income rather than buyer’s personal income.