3134 Burgundy St, New Orleans, LA, 70117 | 5.19% Rental Yield

For Sale

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

Total monthly income runs $2,718/mo, and a $3,079/mo payment. Purchase price stands at $629,000, and rental yield measures 5.19% with $2,718/mo rent. Return on cash invested shows 13.23% in year one, and 5% annual appreciation builds toward $173,781 over five years. Five-year ROI reaches 66.99% and total cumulative return in cash records $138,621. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,718/mo property income covering a $3,079/mo payment rather than investor’s personal income.

Single Family

Built in 1880

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