440 Vallette St,New Orleans,LA,70114

Investment Highlights

Investment property for sale in New Orleans at 440 Vallette St, New Orleans, LA, 70114 offers a 9.62% rental yield on a $425,000 purchase with $3,407/mo rent. Total monthly income registers $3,407/mo, and a $2,080/mo payment leaves $775/mo available for distribution. Annual cash flow reaches $9,294/yr on $140,888 to close, and return on cash invested stands at 26.51% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 138.23% and total cumulative return in cash at $194,753. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,407/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.