2906 Prytania St #204, New Orleans, LA, 70115 | 6.72% Rental Yield

For Sale

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 2906 Prytania St #204, New Orleans, LA, 70115 generates $1,751/mo in rent, after a $1,531/mo payment. Total monthly income is $1,751/mo. Return on cash invested sits at 17.75% in year one, and rental yield is 6.72% on a $312,900 entry. Equity gained on principal adds $2,019/yr, while 5% annual appreciation builds toward $86,449 over five years. Five-year ROI reaches 91.28% and total cumulative return in cash sums $94,686. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,751/mo property income rather than buyer’s personal income.

Condo

Built in 1922

487.87 sqft lot

$N/A/sqft

No HOA