319-21 Pelican Ave, New Orleans, LA, 70114 | $554/mo Cash Flow

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

Investment property for sale in New Orleans at 319-21 Pelican Ave, New Orleans, LA, 70114 uses $130,909 cash to close to unlock $6,644/yr annual cash flow and $554/mo monthly cash flow. Total monthly income runs $3,000/mo, and a $1,933/mo payment keeps the spread at $554/mo. Purchase price stands at $394,900, and rental yield measures 9.12% with $3,000/mo rent. Return on cash invested shows 24.98% in year one, and 5% annual appreciation builds toward $109,104 over five years. Five-year ROI reaches 130.07% and total cumulative return in cash records $170,279. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $1,933/mo payment rather than investor’s personal income.

Multi Family

Built in 1900

4,225 sqft lot

$N/A/sqft

No HOA