519 Leboeuf StNew OrleansLA70114
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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
Rental property for sale in New Orleans at 519 Leboeuf St, New Orleans, LA, 70114 priced at $139,900 pairs $1,054/mo rent with $187/mo cash flow after a $685/mo payment. Total monthly income equals $1,054/mo, and annual cash flow comes to $2,246/yr on $46,377 invested. Return on cash invested is 24.75% in year one, and rental yield stands at 9.04% on a $139,900 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,652 by year five. Five-year ROI measures 128.92% and total cumulative return in cash reaches $59,787. For financing, Ziffy Mortgage’s DSCR program evaluates $1,054/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
4,286 sqft lot
$N/A/sqft
No HOA
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Listed by: Stephen Leaumont • Homesmart Realty South
Mls Name: GSREIN
Mls Provider:
Mls ID: #2483449
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