4015 Laurel 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
Investment property for sale in New Orleans at 4015 Laurel St, New Orleans, LA, 70115 with 5% annual appreciation on a $930,000 basis while $3,000/mo rent supports operations. 23% in year one. Equity gained on principal adds $6,001/yr, and five-year appreciation sums $256,942 alongside rental yield of 3.87%. Five-year ROI measures 45.55% and total cumulative return in cash totals $139,378. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,000/mo property income versus a $4,552/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1886
6,320 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Sally Brower • McEnery Residential, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2495161
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