3413-15 Dryades StNew OrleansLA70115
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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 3413-15 Dryades St, New Orleans, LA, 70115 earns $432/mo cash flow from $1,603/mo rent with a $925/mo payment. Total monthly income totals $1,603/mo, and annual cash flow totals $5,188/yr on $62,654 capital. ROI tracks 28.19% on current figures, and rental yield reads 10.18% at a $189,000 purchase. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 over five years. Five-year ROI reaches 147.28% and total cumulative return in cash sums $92,278. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,603/mo property income instead of your personal income.
Multi Family
Built in 1940
2,280 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Chris Smith • Keller Williams Realty New Orleans
Mls Name: GSREIN
Mls Provider:
Mls ID: #2489242
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.