3807 Perrier StNew OrleansLA70115
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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 3807 Perrier St, New Orleans, LA, 70115 priced at $1,328,000 pairs $5,069/mo rent with after a $6,500/mo payment. Total monthly income equals $5,069/mo. Return on cash invested is 11.56% in year one, and rental yield stands at 4.58% on a $1,328,000 basis. Equity gained on principal adds $8,569/yr, and 5% annual appreciation accumulates to $366,902 by year five. Five-year ROI measures 58% and total cumulative return in cash reaches $249,562. For financing, Ziffy Mortgage’s DSCR program evaluates $5,069/mo property income against a $6,500/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
2,300 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Chris Smith • Keller Williams Realty New Orleans
Mls Name: GSREIN
Mls Provider:
Mls ID: #2479870
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