3403 Jefferson AveNew OrleansLA70125
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 3403 Jefferson Ave, New Orleans, LA, 70125 in New Orleans earns a 9.16% gross yield at $550,000. Rent of $3,045/mo nets $748/mo after the $2,473/mo mortgage. The 1.23 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $151,955 and $5,066/yr in equity accumulation project a total cumulative return of $182,574.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.2% |
| Monthly Cash Flow | $748 | $850 |
City averages based on New Orleans market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,045 |
| Total Monthly Debt Service | $3,234 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1935
4,687 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
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
Single Family
Built in 1935
4,687 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: Stephanie Argrave • McCarthy Group REALTORS
Mls Name: GSREIN
Mls Provider:
Mls ID: #2496685
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.