5132 Arts StNew OrleansLA70122
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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
Rental property for sale in New Orleans at 5132 Arts St, New Orleans, LA, 70122 priced at $508,000 pairs $4,021/mo rent with $875/mo cash flow after a $2,486/mo payment. Total monthly income equals $4,021/mo, and annual cash flow comes to $10,495/yr on $167,132 invested. Return on cash invested is 26.34% in year one, and rental yield stands at 9.5% on a $508,000 basis. Equity gained on principal adds $3,278/yr, and 5% annual appreciation accumulates to $140,351 by year five. Five-year ROI measures 137.3% and total cumulative return in cash reaches $229,475. For financing, Ziffy Mortgage’s DSCR program evaluates $4,021/mo property income against a $2,486/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
8,925 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70122, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,874 (100%) |
| Owner Occupied HU | 9,079 (53.8%) |
| Renter Occupied HU | 6,021 (35.7%) |
| Vacant Housing Units | 1,774 (10.5%) |
| Median Home Value | $292,225 |
| Average Home Value | $345,976 |
Housing Distribution
Address Breakdown
Residential
16,212
Single Family
15,328
Multi-Family
884
Businesses
521
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Listed by: Jessica Moss • Boyd Realtors, LLC
Mls Name: GSREIN
Mls ID: #2529041