4228 Hamburg StNew OrleansLA70122
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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 4228 Hamburg St, New Orleans, LA, 70122 listed at $223,500 pairs $2,160/mo rent with a $1,094/mo payment to leave $775/mo cash flow. Total monthly income runs $2,160/mo, and annual cash flow reaches $9,305/yr on $74,090 cash to close. Return on cash invested measures 32.47% in year one, and rental yield registers 11.6% at a $223,500 basis. Equity gained on principal adds $1,442/yr, and annual property appreciation at 5% supports $61,749 by year five. Five-year ROI tracks 170.25% and total cumulative return in cash totals $126,138. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,160/mo property income relative to a $1,094/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70122, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,874 (100%) |
| Owner Occupied HU | 9,079 (53.8%) |
| Renter Occupied HU | 6,021 (35.7%) |
| Vacant Housing Units | 1,774 (10.5%) |
| Median Home Value | $292,225 |
| Average Home Value | $345,976 |
Housing Distribution
Address Breakdown
Residential
16,212
Single Family
15,328
Multi-Family
884
Businesses
521
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Listed by: Lance Daggs • Keller Williams Realty 455-0100
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024017246
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 ROAM MLS.