3415 Louisiana Avenue PkwyNew OrleansLA70125
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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 3415 Louisiana Avenue Pkwy, New Orleans, LA, 70125 with 5% annual appreciation on a $299,000 basis while $2,001/mo rent supports operations. Total monthly income totals $2,001/mo and a $1,463/mo payment preserves $149/mo for cash returns. Annual cash flow comes to $1,792/yr on $99,119 deployed, and return on cash invested reaches 21.72% in year one. Equity gained on principal adds $1,929/yr, and five-year appreciation sums $82,608 alongside rental yield of 8.03%. Five-year ROI measures 112.58% and total cumulative return in cash totals $111,586.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,001/mo property income versus a $1,463/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
5,203 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
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Listed by: Stephanie Henne • Athena Real Estate
Mls Name: GSREIN
Mls Provider:
Mls ID: #2493923
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.