4320-22 Prytania StNew OrleansLA70115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4320-22 Prytania St, New Orleans, LA, 70115 listed at $700,000 pairs $4,871/mo rent with a $3,426/mo payment to leave $535/mo cash flow. Total monthly income runs $4,871/mo, and annual cash flow reaches $6,420/yr on $230,300 cash to close. Return on cash invested measures 22.85% in year one, and rental yield registers 8.35% at a $700,000 basis. Equity gained on principal adds $4,517/yr, and annual property appreciation at 5% supports $193,397 by year five. Five-year ROI tracks 118.57% and total cumulative return in cash totals $273,064. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,871/mo property income relative to a $3,426/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1899
3,001 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sherry Noonan • United Real Estate Partners LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2472496
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. [Click here for more information](/info/mls-disclaimers/#mls_250)