3900 Perrier St, New Orleans, LA, 70115 | 5.63% Rental Yield

For Sale

Listed for sale 6 days ago

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

Rental property for sale in New Orleans at 3900 Perrier St, New Orleans, LA, 70115 generates $5,446/mo in rent, after a $5,678/mo payment. Total monthly income is $5,446/mo. Return on cash invested sits at 14.81% in year one, and rental yield is 5.63% on a $1,160,000 entry. Equity gained on principal adds $7,485/yr, while 5% annual appreciation builds toward $320,487 over five years. Five-year ROI reaches 75.43% and total cumulative return in cash sums $283,481. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,446/mo property income rather than buyer’s personal income.

Single Family

Built in 2005

2,800 sqft lot

$N/A/sqft

No HOA