285 Audubon BlvdNew OrleansLA70125
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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 285 Audubon Blvd, New Orleans, LA, 70125 listed at $425,000 pairs $3,033/mo rent with a $2,080/mo payment to leave $401/mo cash flow. Total monthly income runs $3,033/mo, and annual cash flow reaches $4,806/yr on $140,888 cash to close. Return on cash invested measures 23.32% in year one, and rental yield registers 8.56% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 121.15% and total cumulative return in cash totals $170,681. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,033/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
6,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70125, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,910 (100%) |
| Owner Occupied HU | 2,874 (36.3%) |
| Renter Occupied HU | 3,917 (49.5%) |
| Vacant Housing Units | 1,119 (14.1%) |
| Median Home Value | $453,545 |
| Average Home Value | $501,014 |
Housing Distribution
Address Breakdown
Residential
7,993
Single Family
7,494
Multi-Family
499
Businesses
596
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Listed by: Francis Petagna • FQR Realtors
Mls Name: GSREIN
Mls Provider:
Mls ID: #2494296
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.