3429 Constance 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 3429 Constance St, New Orleans, LA, 70115 listed at $429,900 pairs $2,280/mo rent with a $2,104/mo payment. Total monthly income runs $2,280/mo. Return on cash invested measures 14.69% in year one, and rental yield registers 6.36% at a $429,900 basis. Equity gained on principal adds $2,774/yr, and annual property appreciation at 5% supports $118,773 by year five. Five-year ROI tracks 75.56% and total cumulative return in cash totals $107,683. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,280/mo property income relative to a $2,104/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
3,175 sqft lot
$N/A/sqft
No HOA
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Listed by: Eric Grush • Engel & Vlkers New Orleans
Mls Name: GSREIN
Mls Provider:
Mls ID: #2519445
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.