3116-18 Dauphine StNew OrleansLA70117
Nearby investment properties with comparable rents
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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
Investment Highlights
Investment property for sale in New Orleans at 3116-18 Dauphine St, New Orleans, LA, 70117 earns $915/mo cash flow from $3,201/mo rent with a $1,806/mo payment. Total monthly income totals $3,201/mo, and annual cash flow totals $10,984/yr on $122,324 capital. ROI tracks 28.89% on current figures, and rental yield reads 10.41% at a $369,000 purchase. Equity gained on principal adds $2,381/yr, and 5% annual appreciation supports $101,948 over five years. Five-year ROI reaches 151.02% and total cumulative return in cash sums $184,731. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,201/mo property income instead of your personal income.
Multi Family
Built in 1875
3,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70117, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,497 (100%) |
| Owner Occupied HU | 6,234 (37.8%) |
| Renter Occupied HU | 7,290 (44.2%) |
| Vacant Housing Units | 2,973 (18.0%) |
| Median Home Value | $297,388 |
| Average Home Value | $417,629 |
Housing Distribution
Address Breakdown
Residential
16,789
Single Family
16,085
Multi-Family
704
Businesses
737
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Listed by: Chris Smith • Keller Williams Realty New Orleans
Mls Name: GSREIN
Mls Provider:
Mls ID: #2483331
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