4617-19 Clara St, New Orleans, LA, 70115 | $506/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
1136 sft

659 Michael St, Marrero, LA, 70072

1 Bed
1 Bath
632 sft

3723 Marion Ave APT C, Metairie, LA, 70002

2 Bed
1 Bath
870 sft

1020 Terpsichore St APT E, New Orleans, LA, 70130

2 Bed
2 Bath
1019 sft

248 Cherokee St APT 34, New Orleans, LA, 70118

Nearby investment properties with comparable prices

- Bed
- Bath
- sft

2317 Culotta St, Chalmette, LA, 70043

3 Bed
2 Bath
1259 sft

3620 Sinclair St, Chalmette, LA, 70043

3 Bed
2 Bath
2200 sft

1701 Wagner St, New Orleans, LA, 70114

3 Bed
1 Bath
1225 sft

2512 Corinne Dr, Chalmette, LA, 70043

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in New Orleans at 4617-19 Clara St, New Orleans, LA, 70115 offers a 10.39% rental yield on a $205,000 purchase with $1,775/mo rent. Total monthly income registers $1,775/mo, and a $1,003/mo payment leaves $506/mo available for distribution. Annual cash flow reaches $6,066/yr on $67,958 to close, and return on cash invested stands at 28.84% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,638 over five years. Portfolio math shows five-year ROI at 150.74% and total cumulative return in cash at $102,438. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,775/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1920

3,720 sqft lot

$N/A/sqft

No HOA