4532-34 Chestnut StNew 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 4532-34 Chestnut St, New Orleans, LA, 70115 listed at $989,000 pairs $8,800/mo rent with a $4,841/mo payment to leave $2,673/mo cash flow. Total monthly income runs $8,800/mo, and annual cash flow reaches $32,080/yr on $325,381 cash to close. Return on cash invested measures 29.92% in year one, and rental yield registers 10.68% at a $989,000 basis. Equity gained on principal adds $6,382/yr, and annual property appreciation at 5% supports $273,242 by year five. Five-year ROI tracks 156.5% and total cumulative return in cash totals $509,226. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,800/mo property income relative to a $4,841/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1917
4,081 sqft lot
$N/A/sqft
No HOA
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Listed by: Patrick Roberts • CBTEC BEAU CHENE
Mls Name: GSREIN
Mls Provider:
Mls ID: #2508983
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.