2930 Laurel StNew OrleansLA70115
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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 2930 Laurel St, New Orleans, LA, 70115 at $965,000 posts ROI 30.73% with $2,823/mo cash flow from $8,800/mo rent. Total monthly income equals $8,800/mo, and annual cash flow records $33,870/yr on $317,485 to close. Return on cash invested measures 30.73% and rental yield reads 10.94% at the current $965,000. Equity gained on principal adds $6,227/yr, and 5% annual appreciation supports $266,612 by year five. Five-year ROI prints 160.84% and total cumulative return in cash totals $510,631.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $8,800/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1845
3,484 sqft lot
$N/A/sqft
No HOA
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Listed by: Caroline Graham • LATTER & BLUM (LATT07)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2490549
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.