3020 Burdette StNew OrleansLA70125
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
Investment property for sale in New Orleans at 3020 Burdette St, New Orleans, LA, 70125 at $481,400 posts ROI 20.29% with $51/mo cash flow from $3,211/mo rent. Total monthly income equals $3,211/mo, and annual cash flow records $608/yr on $159,584 to close. Return on cash invested measures 20.29% and rental yield reads 8% at the current $481,400. Equity gained on principal adds $3,106/yr, and 5% annual appreciation supports $133,002 by year five. Five-year ROI prints 105.38% and total cumulative return in cash totals $168,168.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,211/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
8,712 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Latter and Blum
Mls ID: #2465991