3140 Upperline StNew OrleansLA70125
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Nearby investment properties with comparable prices
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
Rental property for sale in New Orleans at 3140 Upperline St, New Orleans, LA, 70125 offers $3,281/mo rent that, after a $2,154/mo payment, leaves $555/mo cash flow. Total monthly income is $3,281/mo, and annual cash flow is $6,660/yr on $145,860 cash. Return on cash invested measures 24.48% in year one, and rental yield stands at 8.95% at a $440,000 entry. Equity gained on principal adds $2,839/yr while 5% annual appreciation compounds into $121,564 by year five. Five-year ROI records 127.33% and total cumulative return in cash reaches $185,722. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,281/mo property income versus a $2,154/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1934
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70125, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,910 (100%) |
| Owner Occupied HU | 2,874 (36.3%) |
| Renter Occupied HU | 3,917 (49.5%) |
| Vacant Housing Units | 1,119 (14.1%) |
| Median Home Value | $453,545 |
| Average Home Value | $501,014 |
Housing Distribution
Address Breakdown
Residential
7,993
Single Family
7,494
Multi-Family
499
Businesses
596
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Nearby investment properties with comparable prices
Listed by: Gillian Talbot • McEnery Residential, LLC
Mls Name: GSREIN
Mls ID: #2529112