3316 Seine St, New Orleans, LA, 70114 | 5.34% Rental Yield

For Sale

Rental Income

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

Investment property for sale in New Orleans at 3316 Seine St, New Orleans, LA, 70114 offers a 5.34% rental yield on a $362,500 purchase with $1,613/mo rent. 6% in year one. Equity gained on principal adds $2,339/yr while 5% annual appreciation supports $100,152 over five years. Portfolio math shows five-year ROI at 68.98% and total cumulative return in cash at $82,898. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,613/mo property income against a $1,774/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1985

6,721 sqft lot

$N/A/sqft

No HOA