2928-30 Upperline StNew OrleansLA70115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in New Orleans at 2928-30 Upperline St, New Orleans, LA, 70115 generates $3,822/mo in rent and, after a $2,442/mo payment, leaves $731/mo in cash flow. Total monthly income is $3,822/mo, and annual cash flow is $8,776/yr on $165,419 invested. Return on cash invested sits at 25.21% in year one, and rental yield is 9.19% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 131.31% and total cumulative return in cash sums $217,218. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,822/mo property income rather than buyer’s personal income.
Multi Family
Built in 1924
4,800 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacob Freedman • FQR Realtors
Mls Name: GSREIN
Mls Provider:
Mls ID: #2468573
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. [Click here for more information](/info/mls-disclaimers/#mls_250)