2619 Nashville AveNew OrleansLA70115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Rental property for sale in New Orleans at 2619 Nashville Ave, New Orleans, LA, 70115 priced at $569,000 converts $3,613/mo rent into $88/mo cash flow after a $2,785/mo obligation. Total monthly income equals $3,613/mo, and annual cash flow totals $1,060/yr on $187,201 invested. Return on cash invested prints 20.63% in year one, and rental yield reads 7.62% against a $569,000 entry. Equity gained on principal adds $3,672/yr, while 5% annual appreciation compiles into $157,204 by year five. Five-year ROI reaches 106.67% and total cumulative return in cash sums $199,691. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,613/mo property income covering a $2,785/mo payment, not borrower’s personal income.
Single Family
Built in 1924
4,948 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adrienne LaBauve • eXp Realty, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2471185
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. [Click here for more information](/info/mls-disclaimers/#mls_250)