5014 Willow St #16New 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 5014 Willow St #16, New Orleans, LA, 70115 offers a 10.44% rental yield on a $389,000 purchase with $3,384/mo rent. Total monthly income registers $3,384/mo, and a $1,904/mo payment leaves $974/mo available for distribution. Annual cash flow reaches $11,692/yr on $128,954 to close, and return on cash invested stands at 28.98% in year one. Equity gained on principal adds $2,510/yr while 5% annual appreciation supports $107,474 over five years. Portfolio math shows five-year ROI at 151.48% and total cumulative return in cash at $195,342. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,384/mo property income against a $1,904/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1920
4,470 sqft lot
$N/A/sqft
No HOA
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Listed by: Caroline Mang • LATTER & BLUM (LATT18)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2481501
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