3201 Saint Charles Ave APT 310New OrleansLA70115
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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 3201 Saint Charles Ave APT 310, New Orleans, LA, 70115 offers a 8.08% rental yield on a $335,000 purchase with $2,257/mo rent. 14% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 69.73% and total cumulative return in cash at $77,432. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,257/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Cameron Tveit • Ben & Burka
Mls Name: GSREIN
Mls Provider:
Mls ID: #2497476
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