3440 Coliseum St, New Orleans, LA, 70115 | 2.82% Rental Yield

For Sale

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New Orleans at 3440 Coliseum St, New Orleans, LA, 70115 listed at $1,495,000 pairs $3,509/mo rent with a $7,317/mo payment. Total monthly income runs $3,509/mo. Return on cash invested measures 6.12% in year one, and rental yield registers 2.82% at a $1,495,000 basis. Equity gained on principal adds $9,647/yr, and annual property appreciation at 5% supports $413,041 by year five. Five-year ROI tracks 28.81% and total cumulative return in cash totals $139,573. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,509/mo property income relative to a $7,317/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1880

6,450 sqft lot

$N/A/sqft

No HOA