3700 Freret St, New Orleans, LA, 70115 | 4.49% Rental Yield

For Sale

Motivated Seller

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 3700 Freret St, New Orleans, LA, 70115 earns from $1,572/mo rent with a $2,056/mo payment. Total monthly income totals $1,572/mo. ROI tracks 11.03% on current figures, and rental yield reads 4.49% at a $420,000 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 over five years. Five-year ROI reaches 55.23% and total cumulative return in cash sums $76,903. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,572/mo property income instead of your personal income.

Multi Family

Built in 1950

3,118 sqft lot

$N/A/sqft

No HOA