4222 Elba StNew OrleansLA70125
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4222 Elba St, New Orleans, LA, 70125 earns $432/mo cash flow from $2,340/mo rent with a $1,508/mo payment. Total monthly income totals $2,340/mo, and annual cash flow totals $5,179/yr on $102,102 capital. ROI tracks 24.98% on current figures, and rental yield reads 9.12% at a $308,000 purchase. Equity gained on principal adds $1,987/yr, and 5% annual appreciation supports $85,095 over five years. Five-year ROI reaches 130.06% and total cumulative return in cash sums $132,796. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,340/mo property income instead of your personal income.
Single Family
Built in 1940
5,130 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70125, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,910 (100%) |
| Owner Occupied HU | 2,874 (36.3%) |
| Renter Occupied HU | 3,917 (49.5%) |
| Vacant Housing Units | 1,119 (14.1%) |
| Median Home Value | $453,545 |
| Average Home Value | $501,014 |
Housing Distribution
Address Breakdown
Residential
7,993
Single Family
7,494
Multi-Family
499
Businesses
596
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeannine Relf • J. RELF REALTY, INC.
Mls Name: GSREIN
Mls ID: #2513276