3618-20 Danneel St, New Orleans, LA, 70115 | $812/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 3618-20 Danneel St, New Orleans, LA, 70115 uses $152,490 cash to close to unlock $9,744/yr annual cash flow and $812/mo monthly cash flow. Total monthly income runs $3,661/mo, and a $2,251/mo payment keeps the spread at $812/mo. Purchase price stands at $460,000, and rental yield measures 9.55% with $3,661/mo rent. Return on cash invested shows 26.3% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 137.1% and total cumulative return in cash records $209,065. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,661/mo property income covering a $2,251/mo payment rather than investor’s personal income.

Multi Family

Built in 1910

2,970 sqft lot

$N/A/sqft

No HOA