3024 Kansas St, New Orleans, LA, 70114 | $1,512/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 3024 Kansas St, New Orleans, LA, 70114 earns $1,512/mo cash flow from $2,491/mo rent with a $756/mo payment. Total monthly income totals $2,491/mo, and annual cash flow totals $18,139/yr on $51,217 capital. ROI tracks 55.33% on current figures, and rental yield reads 19.35% at a $154,500 purchase. Equity gained on principal adds $997/yr, and 5% annual appreciation supports $42,686 over five years. Five-year ROI reaches 292.97% and total cumulative return in cash sums $150,051. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,491/mo property income instead of your personal income.

Single Family

Built in 1960

3,000 sqft lot

$N/A/sqft

No HOA