2634 Marengo St, New Orleans, LA, 70115 | $591/mo Cash Flow

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

Investment property for sale in New Orleans at 2634 Marengo St, New Orleans, LA, 70115 earns $591/mo cash flow from $4,214/mo rent with a $2,863/mo payment. Total monthly income totals $4,214/mo, and annual cash flow totals $7,086/yr on $192,465 capital. ROI tracks 23.74% on current figures, and rental yield reads 8.64% at a $585,000 purchase. Equity gained on principal adds $3,775/yr, and 5% annual appreciation supports $161,625 over five years. Five-year ROI reaches 123.37% and total cumulative return in cash sums $237,450. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,214/mo property income instead of your personal income.

Single Family

Built in 1917

3,280 sqft lot

$N/A/sqft

No HOA