3541 White Oak AveNew 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 3541 White Oak Ave, New Orleans, LA, 70131 priced at $277,000 converts $1,874/mo rent into $143/mo cash flow after a $1,356/mo obligation. Total monthly income equals $1,874/mo, and annual cash flow totals $1,715/yr on $91,826 invested. Return on cash invested prints 21.78% in year one, and rental yield reads 8.12% against a $277,000 entry. Equity gained on principal adds $1,787/yr, while 5% annual appreciation compiles into $76,530 by year five. Five-year ROI reaches 112.93% and total cumulative return in cash sums $103,695. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,874/mo property income covering a $1,356/mo payment, not borrower’s personal income.
Single Family
Built in 1971
8,327 sqft lot
$N/A/sqft
$180 annually 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: Blake Gowman-Donohoo • eXp Realty, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2464388
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