4250 Murano RdNew OrleansLA70129
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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 4250 Murano Rd, New Orleans, LA, 70129 priced at $417,000 pairs $2,880/mo rent with $292/mo cash flow after a $2,041/mo payment. Total monthly income equals $2,880/mo, and annual cash flow comes to $3,508/yr on $138,236 invested. Return on cash invested is 22.45% in year one, and rental yield stands at 8.29% on a $417,000 basis. Equity gained on principal adds $2,691/yr, and 5% annual appreciation accumulates to $115,209 by year five. Five-year ROI measures 116.49% and total cumulative return in cash reaches $161,029. For financing, Ziffy Mortgage’s DSCR program evaluates $2,880/mo property income against a $2,041/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1995
0.50 Acres lot
$N/A/sqft
$55 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70129, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,214 (100%) |
| Owner Occupied HU | 2,137 (50.7%) |
| Renter Occupied HU | 1,648 (39.1%) |
| Vacant Housing Units | 429 (10.2%) |
| Median Home Value | $196,177 |
| Average Home Value | $244,719 |
Housing Distribution
Address Breakdown
Residential
4,090
Single Family
3,843
Multi-Family
247
Businesses
293
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Listed by: Stephanie Sergent Dazet • Southern Real Estate Professionals, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2494577
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.