2714 Milan St, New Orleans, LA, 70115 | 2.96% Rental Yield

Off market

Currently Rented

Fix & Flip

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

Rental property for sale in New Orleans at 2714 Milan St, New Orleans, LA, 70115 offers $2,147/mo rent that, after a $4,255/mo payment. Total monthly income is $2,147/mo. Return on cash invested measures 6.38% in year one, and rental yield stands at 2.96% at a $869,400 entry. Equity gained on principal adds $5,610/yr while 5% annual appreciation compounds into $240,199 by year five. Five-year ROI records 30.29% and total cumulative return in cash reaches $86,632. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,147/mo property income versus a $4,255/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Multi Family

Built in 1940

1.17 Acres lot

$N/A/sqft

No HOA