3114-3116 Clouet St, New Orleans, LA, 70126 | $327/mo Cash Flow

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3114-3116 Clouet St, New Orleans, LA, 70126 | $327/mo Cash Flow | Ziffy

For Sale

Rental Income

Listed for sale 3 days ago

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 3114-3116 Clouet St, New Orleans, LA, 70126 listed at $325,000 pairs $2,340/mo rent with a $1,591/mo payment to leave $327/mo cash flow. Total monthly income runs $2,340/mo, and annual cash flow reaches $3,918/yr on $107,738 cash to close. Return on cash invested measures 23.55% in year one, and rental yield registers 8.64% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 122.36% and total cumulative return in cash totals $131,833. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,340/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 2025

4,944 sqft lot

$N/A/sqft

No HOA

More details about the property

Excellent investment opportunity with this newly constructed double built in 2025, offering immediate income potential. The property features two separate units with modern layouts and finishes throughout. Unit 1: 3 bedrooms, 2 full bathrooms Unit 2: 2 bedrooms, 1 full bathroom Both units are thoughtfully designed with open living areas, contemporary kitchens, and quality finishes. The property is currently income producing, making it well suited for investors seeking a turnkey asset with minimal maintenance. Additional features include separate living spaces, efficient floor plans, and new systems throughout due to recent construction. Suitable for investors looking to expand their portfolio or owner-occupants seeking to offset their mortgage with rental income.

Neighborhood Data

Neighborhood data shown for ZIP Code: 70126, New Orleans, LA area.

Housing Distribution

Housing Statistics

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