4611 Nighthart StNew OrleansLA70127
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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 4611 Nighthart St, New Orleans, LA, 70127 with 5% annual appreciation on a $100,000 basis while $784/mo rent supports operations. Total monthly income totals $784/mo and a $489/mo payment preserves $165/mo for cash returns. Annual cash flow comes to $1,980/yr on $33,150 deployed, and return on cash invested reaches 25.88% in year one. Equity gained on principal adds $645/yr, and five-year appreciation sums $27,628 alongside rental yield of 9.41%. Five-year ROI measures 134.85% and total cumulative return in cash totals $44,704.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $784/mo property income versus a $489/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
6,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70127, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,411 (100%) |
| Owner Occupied HU | 4,382 (42.1%) |
| Renter Occupied HU | 5,014 (48.2%) |
| Vacant Housing Units | 1,015 ( 9.7%) |
| Median Home Value | $218,265 |
| Average Home Value | $295,266 |
Housing Distribution
Address Breakdown
Residential
10,378
Single Family
7,539
Multi-Family
2,839
Businesses
643
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Listed by: Amanda Miller • Amanda Miller Realty
Mls Name: Greater Southern MLS
Mls ID: #NAB24005788