2824 Berwick St, Jefferson, LA, 70121 | $229/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2824 Berwick St, Jefferson, LA, 70121 | $229/mo Cash Flow | Ziffy

For Sale

Currently Rented

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 Jefferson at 2824 Berwick St, Jefferson, LA, 70121 at $140,000 posts ROI 25.83% with $229/mo cash flow from $1,096/mo rent. Total monthly income equals $1,096/mo, and annual cash flow records $2,748/yr on $46,410 to close. Return on cash invested measures 25.83% and rental yield reads 9.39% at the current $140,000. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 by year five. Five-year ROI prints 134.58% and total cumulative return in cash totals $62,458.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,096/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1956

3,600 sqft lot

$N/A/sqft

No HOA

More details about the property

This charming cottage has so much natural light making it feel spacious, bright and airy throughout. What's not to love about the neutral wood laminate flooring, the thoughtfully built-out closet, the stylish bathroom that offers a fresh and contemporary feel, and the cozy back porch that is the perfect spot to relax and enjoy the spacious yard? Conveniently located just off Jefferson Highway and Causeway, you're minutes from Ochsner Main Campus, shopping, dining, and more. Whether you're looking for a cozy retreat or an excellent addition to your portfolio, this property is a fantastic opportunity. X flood zone. This property has the potential to be leased for $1350/mo.

Neighborhood Data

Neighborhood data shown for ZIP Code: 70121, New Orleans, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,242 (100%)
Owner Occupied HU	3,086 (49.4%)
Renter Occupied HU	2,522 (40.4%)
Vacant Housing Units	634 (10.2%)
Median Home Value	$284,768
Average Home Value	$318,145