2700 Coliseum StNew OrleansLA70130
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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
Investment Highlights
Investment property for sale in New Orleans at 2700 Coliseum St, New Orleans, LA, 70130 at $1,895,000 posts ROI 10.33% with from $6,600/mo rent. Total monthly income equals $6,600/mo. Return on cash invested measures 10.33% and rental yield reads 4.18% at the current $1,895,000. Equity gained on principal adds $12,228/yr, and 5% annual appreciation supports $523,554 by year five. Five-year ROI prints 51.37% and total cumulative return in cash totals $315,389. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,600/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1861
6,529 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 |
Housing Distribution
Address Breakdown
Residential
11,455
Single Family
5,270
Multi-Family
6,185
Businesses
2,549
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Listed by: Janet Favrot • CBTEC MAGAZINE
Mls Name: GSREIN
Mls Provider:
Mls ID: #2471091
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