2515 Constance St, New Orleans, LA, 70130 | 7.06% Rental Yield

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

Total monthly income runs $4,406/mo, and a $3,666/mo payment. Purchase price stands at $749,000, and rental yield measures 7.06% with $4,406/mo rent. Return on cash invested shows 18.92% in year one, and 5% annual appreciation builds toward $206,935 over five years. Five-year ROI reaches 97.53% and total cumulative return in cash records $240,340. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,406/mo property income covering a $3,666/mo payment rather than investor’s personal income.

Single Family

Built in 1870

3,840 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70130, New Orleans, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,642 (100%)
Owner Occupied HU	2,914 (25.0%)
Renter Occupied HU	5,842 (50.2%)
Vacant Housing Units	2,886 (24.8%)
Median Home Value	$581,655
Average Home Value	$726,576