4229-31 Annunciation 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
Rental property for sale in New Orleans at 4229-31 Annunciation St, New Orleans, LA, 70115 generates $3,296/mo in rent and, after a $1,902/mo payment, leaves $889/mo in cash flow. Total monthly income is $3,296/mo, and annual cash flow is $10,667/yr on $128,788 invested. Return on cash invested sits at 28.19% in year one, and rental yield is 10.18% on a $388,500 entry. Equity gained on principal adds $2,507/yr, while 5% annual appreciation builds toward $107,335 over five years. Five-year ROI reaches 147.25% and total cumulative return in cash sums $189,641. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,296/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
3,750 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Olivia Ford • Upper Management Realty, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2478279
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