417 28th St, New Orleans, LA, 70124 | 6.56% Rental Yield

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 417 28th St, New Orleans, LA, 70124 offers a 6.56% rental yield on a $669,000 purchase with $3,655/mo rent. 4% in year one. Equity gained on principal adds $4,317/yr while 5% annual appreciation supports $184,832 over five years. Portfolio math shows five-year ROI at 89.34% and total cumulative return in cash at $196,647. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,655/mo property income against a $3,274/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2014

7,200 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70124, New Orleans, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,174 (100%)
Owner Occupied HU	6,916 (68.0%)
Renter Occupied HU	2,432 (23.9%)
Vacant Housing Units	826 ( 8.1%)
Median Home Value	$588,858
Average Home Value	$647,212