525 S Telemachus StNew OrleansLA70119
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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 525 S Telemachus St, New Orleans, LA, 70119 offers $1,997/mo rent that, after a $1,468/mo payment, leaves $139/mo cash flow. Total monthly income is $1,997/mo, and annual cash flow is $1,670/yr on $99,417 cash. Return on cash invested measures 21.59% in year one, and rental yield stands at 7.99% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 111.9% and total cumulative return in cash reaches $111,244. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,997/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1927
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70119, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,320 (100%) |
| Owner Occupied HU | 6,212 (29.1%) |
| Renter Occupied HU | 12,249 (57.5%) |
| Vacant Housing Units | 2,859 (13.4%) |
| Median Home Value | $392,649 |
| Average Home Value | $472,383 |
Housing Distribution
Address Breakdown
Residential
21,580
Single Family
18,442
Multi-Family
3,138
Businesses
1,860
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Listed by: Matthew Grass • The Agency of M. Grass Group, LLC
Mls Name: GSREIN
Mls ID: #2537166