3000 Saint Charles Ave APT 408, New Orleans, LA, 70115 | $332/mo Cash Flow

Off market

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 New Orleans at 3000 Saint Charles Ave APT 408, New Orleans, LA, 70115 offers a 10.02% rental yield on a $250,300 purchase with $2,089/mo rent. Total monthly income registers $2,089/mo, and a $1,225/mo payment leaves $332/mo available for distribution. Annual cash flow reaches $3,983/yr on $82,974 to close, and return on cash invested stands at 24.71% in year one. Equity gained on principal adds $1,615/yr while 5% annual appreciation supports $69,153 over five years. Portfolio math shows five-year ROI at 129.66% and total cumulative return in cash at $107,588. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,089/mo property income against a $1,225/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2017

N/A lot

$N/A/sqft

No HOA