3323 Lamarque StNew OrleansLA70114
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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
Investment property for sale in New Orleans at 3323 Lamarque St, New Orleans, LA, 70114 at $194,999 posts ROI 25.88% with $322/mo cash flow from $1,529/mo rent. Total monthly income equals $1,529/mo, and annual cash flow records $3,858/yr on $64,642 to close. Return on cash invested measures 25.88% and rental yield reads 9.41% at the current $194,999. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 by year five. Five-year ROI prints 134.9% and total cumulative return in cash totals $87,202.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,529/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
3,336 sqft lot
$N/A/sqft
No HOA
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Listed by: Jeremy Triggs • Fleur De Lee Realty, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2492791
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.