418 Pelican Ave APT G, New Orleans, LA, 70114 | $616/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1452 sft

1250 Primrose Dr #30, Luling, LA, 70070

3 Bed
1 Bath
1080 sft

508 Arnold Ave, River Ridge, LA, 70123

3 Bed
2 Bath
1476 sft

3410 Plymouth Pl, New Orleans, LA, 70131

- Bed
- Bath
- sft

953 E Monterey Ct, Gretna, LA, 70056

Nearby investment properties with comparable prices

2 Bed
1 Bath
975 sft

1161 Lake Ave APT 227, Metairie, LA, 70005

2 Bed
2 Bath
1432 sft

1500 W Esplanade Ave APT 12B, Kenner, LA, 70065

2 Bed
2 Bath
1000 sft

129 Avant Garde Cir #129, Kenner, LA, 70065

3 Bed
2 Bath
1250 sft

304 N Cumberland St, Metairie, LA, 70003

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in New Orleans at 418 Pelican Ave APT G, New Orleans, LA, 70114 listed at $169,500 pairs $1,666/mo rent with a $830/mo payment to leave $616/mo cash flow. Total monthly income runs $1,666/mo, and annual cash flow reaches $7,388/yr on $56,189 cash to close. Return on cash invested measures 33.06% in year one, and rental yield registers 11.79% at a $169,500 basis. Equity gained on principal adds $1,094/yr, and annual property appreciation at 5% supports $46,830 by year five. Five-year ROI tracks 173.39% and total cumulative return in cash totals $97,424. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,666/mo property income relative to a $830/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1962

N/A lot

$N/A/sqft

No HOA