2614 Halsey Ave, New Orleans, LA, 70114 | $233/mo Cash Flow

For Sale

Rental Income

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

Investment property for sale in New Orleans at 2614 Halsey Ave, New Orleans, LA, 70114 offers a 8.55% rental yield on a $249,900 purchase with $1,781/mo rent. Total monthly income registers $1,781/mo, and a $1,223/mo payment leaves $233/mo available for distribution. Annual cash flow reaches $2,798/yr on $82,842 to close, and return on cash invested stands at 23.29% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 121.01% and total cumulative return in cash at $100,250. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,781/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1965

7,500 sqft lot

$N/A/sqft

No HOA