417 Eleonore 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 417 Eleonore St, New Orleans, LA, 70115 offers a 5.19% rental yield on a $924,000 purchase with $3,993/mo rent. 23% in year one. Equity gained on principal adds $5,962/yr while 5% annual appreciation supports $255,284 over five years. Portfolio math shows five-year ROI at 66.98% and total cumulative return in cash at $203,603. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,993/mo property income against a $4,523/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1886
4,199 sqft lot
$N/A/sqft
No HOA
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Listed by: Michael Humphrey • McEnery Residential, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2506235
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