3430 Adrian StNew OrleansLA70131
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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
Rental property for sale in New Orleans at 3430 Adrian St, New Orleans, LA, 70131 generates $1,319/mo in rent and, after a $808/mo payment, leaves $297/mo in cash flow. Total monthly income is $1,319/mo, and annual cash flow is $3,558/yr on $54,698 invested. Return on cash invested sits at 26.41% in year one, and rental yield is 9.59% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 137.77% and total cumulative return in cash sums $75,359. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,319/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
2,523 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70131, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,878 (100%) |
| Owner Occupied HU | 6,671 (56.2%) |
| Renter Occupied HU | 4,083 (34.4%) |
| Vacant Housing Units | 1,124 ( 9.5%) |
| Median Home Value | $251,942 |
| Average Home Value | $315,137 |
Housing Distribution
Address Breakdown
Residential
11,262
Single Family
8,528
Multi-Family
2,734
Businesses
223
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Listed by: Troy Meloncon • eXp Realty, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2464876
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