3216 Saint Charles Ave, New Orleans, LA, 70115 | 1.74% 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

Rental property for sale in New Orleans at 3216 Saint Charles Ave, New Orleans, LA, 70115 generates $2,160/mo in rent, after a $7,293/mo payment. Total monthly income is $2,160/mo. Return on cash invested sits at 2.8% in year one, and rental yield is 1.74% on a $1,490,000 entry. Equity gained on principal adds $9,615/yr, while 5% annual appreciation builds toward $411,660 over five years. Five-year ROI reaches 10.98% and total cumulative return in cash sums $53,008. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.

Townhouse

Built in 1996

2,273 sqft lot

$N/A/sqft

No HOA