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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in New Orleans at 3436 S Robertson St, New Orleans, LA, 70115 generates $3,000/mo in rent and, after a $1,468/mo payment, leaves $1,013/mo in cash flow. Total monthly income is $3,000/mo, and annual cash flow is $12,153/yr on $99,450 invested. Return on cash invested sits at 32.13% in year one, and rental yield is 12% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 168.95% and total cumulative return in cash sums $168,024. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
2,880 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-12-13 | Price change | $300,000 |
| 2024-11-22 | Listed for sale | $330,000 |
| 2024-10-17 | Contingent | $330,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-01-29 | $3230.74 | -6.59% | $22,150 | -4.61% |
| 2021-01-29 | $3458.77 | -1.37% | $23,220 | N/A |
| 2020-01-29 | $3506.99 | -0.03% | $23,220 | N/A |
Listed by: Jonathan Schmitt • REVE, REALTORS
Mls Name: GSREIN
Mls Provider:
Mls ID: #2468448
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