2720 Jefferson AveNew OrleansLA70115
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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 2720 Jefferson Ave, New Orleans, LA, 70115 offers a 6.52% rental yield on a $619,000 purchase with $3,363/mo rent. 28% in year one. Equity gained on principal adds $3,994/yr while 5% annual appreciation supports $171,018 over five years. Portfolio math shows five-year ROI at 88.74% and total cumulative return in cash at $180,721. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,363/mo property income against a $3,030/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1905
6,750 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Michael Winters • Grady Harper, Inc.
Mls Name: GSREIN
Mls Provider:
Mls ID: #2480931
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