330 Julia St APT PH3New OrleansLA70130
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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
Rental property for sale in New Orleans at 330 Julia St APT PH3, New Orleans, LA, 70130 priced at $211,200 pairs $1,889/mo rent with $580/mo cash flow after a $1,034/mo payment. Total monthly income equals $1,889/mo, and annual cash flow comes to $6,965/yr on $70,013 invested. Return on cash invested is 29.86% in year one, and rental yield stands at 10.73% on a $211,200 basis. Equity gained on principal adds $1,363/yr, and 5% annual appreciation accumulates to $58,351 by year five. Five-year ROI measures 156.24% and total cumulative return in cash reaches $109,388. For financing, Ziffy Mortgage’s DSCR program evaluates $1,889/mo property income against a $1,034/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2022
291 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70130, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,642 (100%) |
| Owner Occupied HU | 2,914 (25.0%) |
| Renter Occupied HU | 5,842 (50.2%) |
| Vacant Housing Units | 2,886 (24.8%) |
| Median Home Value | $581,655 |
| Average Home Value | $726,576 |
Housing Distribution
Address Breakdown
Residential
11,455
Single Family
5,270
Multi-Family
6,185
Businesses
2,549
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Listed by: N/A • N/A
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