330 French StNew OrleansLA70124
Nearby investment properties with comparable rents
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
Investment property for sale in New Orleans at 330 French St, New Orleans, LA, 70124 at $779,000 posts ROI 14.81% with from $3,840/mo rent. Total monthly income equals $3,840/mo. Return on cash invested measures 14.81% and rental yield reads 5.92% at the current $779,000. Equity gained on principal adds $5,027/yr, and 5% annual appreciation supports $215,223 by year five. Five-year ROI prints 75.67% and total cumulative return in cash totals $193,946. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,840/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2010
6,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70124, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,174 (100%) |
| Owner Occupied HU | 6,916 (68.0%) |
| Renter Occupied HU | 2,432 (23.9%) |
| Vacant Housing Units | 826 ( 8.1%) |
| Median Home Value | $588,858 |
| Average Home Value | $647,212 |
Housing Distribution
Address Breakdown
Residential
10,313
Single Family
9,693
Multi-Family
620
Businesses
329
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Frank Barrett • RE/MAX Affiliates
Mls Name: GSREIN
Mls Provider:
Mls ID: #2498995
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.