3613 Chestnut St, New Orleans, LA, 70115 | $989/mo Cash Flow

For Sale

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 3613 Chestnut St, New Orleans, LA, 70115 uses $254,975 cash to close to unlock $11,862/yr annual cash flow and $989/mo monthly cash flow. Total monthly income runs $5,789/mo, and a $3,793/mo payment keeps the spread at $989/mo. Purchase price stands at $775,000, and rental yield measures 8.96% with $5,789/mo rent. Return on cash invested shows 24.71% in year one, and 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 128.58% and total cumulative return in cash records $327,835. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,789/mo property income covering a $3,793/mo payment rather than investor’s personal income.

Single Family

Built in 1891

7,501 sqft lot

$N/A/sqft

No HOA