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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in New Orleans at 3110-3108 Clouet St, New Orleans, LA, 70126 generates $2,340/mo in rent and, after a $1,591/mo payment, leaves $327/mo in cash flow. Total monthly income is $2,340/mo, and annual cash flow is $3,918/yr on $107,738 invested. Return on cash invested sits at 23.55% in year one, and rental yield is 8.64% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 122.36% and total cumulative return in cash sums $131,833. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,340/mo property income rather than buyer’s personal income.
Multi Family
Built in 2025
4,944 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 70126, New Orleans, LA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,673 (100%) |
| Owner Occupied HU | 5,680 (44.8%) |
| Renter Occupied HU | 5,423 (42.8%) |
| Vacant Housing Units | 1,570 (12.4%) |
| Median Home Value | $215,032 |
| Average Home Value | $268,041 |
Residential
12,201
Single Family
10,970
Multi-Family
1,231
Businesses
646
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Dominique Delpit • WEICHERT, REALTORS - LaBranch & Associates
Mls Name: GSREIN
Mls ID: #2534854
