2664 General Collins Ave, New Orleans, LA, 70114 | $218/mo Cash Flow

For Sale

Motivated Seller

Listed for sale 3 days ago

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 2664 General Collins Ave, New Orleans, LA, 70114 offers a 8.59% rental yield on a $225,000 purchase with $1,611/mo rent. Total monthly income registers $1,611/mo, and a $1,101/mo payment leaves $218/mo available for distribution. Annual cash flow reaches $2,610/yr on $74,588 to close, and return on cash invested stands at 23.41% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 121.64% and total cumulative return in cash at $90,729. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,611/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2001

7,501 sqft lot

$N/A/sqft

No HOA