3206-08 Cadiz StNew OrleansLA70125
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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 3206-08 Cadiz St, New Orleans, LA, 70125 earns $649/mo cash flow from $2,198/mo rent with a $1,224/mo payment. Total monthly income totals $2,198/mo, and annual cash flow totals $7,788/yr on $82,875 capital. ROI tracks 29.31% on current figures, and rental yield reads 10.55% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 153.24% and total cumulative return in cash sums $126,994. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,198/mo property income instead of your personal income.
Multi Family
Built in 1918
5,401 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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Listed by: Mary Danna • KELLER WILLIAMS REALTY 455-0100
Mls Name: GSREIN
Mls Provider:
Mls ID: #2479470
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