426 Nashville AveNew 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
Investment property for sale in New Orleans at 426 Nashville Ave, New Orleans, LA, 70115 listed at $679,000 pairs $2,942/mo rent with a $3,323/mo payment. Total monthly income runs $2,942/mo. Return on cash invested measures 13.27% in year one, and rental yield registers 5.2% at a $679,000 basis. Equity gained on principal adds $4,381/yr, and annual property appreciation at 5% supports $187,595 by year five. Five-year ROI tracks 67.24% and total cumulative return in cash totals $150,203. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,942/mo property income relative to a $3,323/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
3,484 sqft lot
$N/A/sqft
No HOA
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Listed by: Hilary Feisenberger • Freret Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2495274
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.