4790 Eunice DrNew OrleansLA70127
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
Rental property for sale in New Orleans at 4790 Eunice Dr, New Orleans, LA, 70127 priced at $160,000 pairs $1,273/mo rent with $282/mo cash flow after a $783/mo payment. Total monthly income equals $1,273/mo, and annual cash flow comes to $3,384/yr on $53,040 invested. Return on cash invested is 26.29% in year one, and rental yield stands at 9.55% on a $160,000 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,205 by year five. Five-year ROI measures 137.06% and total cumulative return in cash reaches $72,698. For financing, Ziffy Mortgage’s DSCR program evaluates $1,273/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2016
5,702 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: Mabel Perdomo • Realty One Group Immobilia
Mls Name: GSREIN
Mls Provider:
Mls ID: #2482201
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