4232 General Ogden StNew OrleansLA70118
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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 4232 General Ogden St, New Orleans, LA, 70118 priced at $140,600 converts $2,188/mo rent into $1,317/mo cash flow after a $688/mo obligation. Total monthly income equals $2,188/mo, and annual cash flow totals $15,807/yr on $46,609 invested. Return on cash invested prints 53.82% in year one, and rental yield reads 18.67% against a $140,600 entry. Equity gained on principal adds $907/yr, while 5% annual appreciation compiles into $38,845 by year five. Five-year ROI reaches 284.82% and total cumulative return in cash sums $132,751. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,188/mo property income covering a $688/mo payment, not borrower’s personal income.
Single Family
Built in N/A
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70118, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,997 (100%) |
| Owner Occupied HU | 6,455 (40.4%) |
| Renter Occupied HU | 7,143 (44.7%) |
| Vacant Housing Units | 2,399 (15.0%) |
| Median Home Value | $468,215 |
| Average Home Value | $623,943 |
Housing Distribution
Address Breakdown
Residential
16,224
Single Family
14,534
Multi-Family
1,690
Businesses
796
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Listed by: N/A • N/A
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