5112-14 Pitt St, New Orleans, LA, 70115 | $408/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in New Orleans at 5112-14 Pitt St, New Orleans, LA, 70115 generates $4,367/mo in rent and, after a $3,128/mo payment, leaves $408/mo in cash flow. Total monthly income is $4,367/mo, and annual cash flow is $4,900/yr on $210,231 invested. Return on cash invested sits at 22.39% in year one, and rental yield is 8.2% on a $639,000 entry. Equity gained on principal adds $4,123/yr, while 5% annual appreciation builds toward $176,544 over five years. Five-year ROI reaches 116.14% and total cumulative return in cash sums $244,156. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,367/mo property income rather than buyer’s personal income.

Multi Family

Built in 1900

3,500 sqft lot

$N/A/sqft

No HOA