3314 Robert StNew OrleansLA70125
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 3314 Robert St, New Orleans, LA, 70125 uses $111,716 cash to close to unlock $1,595/yr annual cash flow and $133/mo monthly cash flow. Total monthly income runs $2,220/mo, and a $1,649/mo payment keeps the spread at $133/mo. Purchase price stands at $337,000, and rental yield measures 7.91% with $2,220/mo rent. Return on cash invested shows 21.34% in year one, and 5% annual appreciation builds toward $93,107 over five years. Five-year ROI reaches 110.5% and total cumulative return in cash records $123,444. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,220/mo property income covering a $1,649/mo payment rather than investor’s personal income.
Single Family
Built in 1935
3,900 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patrick Knudsen • Keller Williams Realty New Orleans
Mls Name: GSREIN
Mls ID: #2514840