2813 Milan St, New Orleans, LA, 70115 | $308/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1121 sft

1212 N Rampart St UNIT 400, New Orleans, LA, 70116

3 Bed
2 Bath
1336 sft

512 Helis Dr, Waggaman, LA, 70094

3 Bed
2 Bath
2152 sft

2171 Euclid St, Gretna, LA, 70056

3 Bed
2 Bath
985 sft

5501 Woodlawn Pl, New Orleans, LA, 70124

Nearby investment properties with comparable prices

4 Bed
2 Bath
1803 sft

942 Dandelion Dr, Waggaman, LA, 70094

3 Bed
2 Bath
1696 sft

213 Bear Dr, Arabi, LA, 70032

4 Bed
3 Bath
2468 sft

28 Grand Canyon Dr, New Orleans, LA, 70131

4 Bed
- Bath
1910 sft

2514-16 2nd St, New Orleans, LA, 70113

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in New Orleans at 2813 Milan St, New Orleans, LA, 70115 with 5% annual appreciation on a $372,000 basis while $2,613/mo rent supports operations. Total monthly income totals $2,613/mo and a $1,821/mo payment preserves $308/mo for cash returns. Annual cash flow comes to $3,701/yr on $123,318 deployed, and return on cash invested reaches 22.91% in year one. Equity gained on principal adds $2,400/yr, and five-year appreciation sums $102,777 alongside rental yield of 8.43%. Five-year ROI measures 118.95% and total cumulative return in cash totals $146,685.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,613/mo property income versus a $1,821/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1920

3,600 sqft lot

$N/A/sqft

No HOA