528-30 Ptolemy St, New Orleans, LA, 70114 | $529/mo Cash Flow

For Sale

Currently Rented

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

Investment property for sale in New Orleans at 528-30 Ptolemy St, New Orleans, LA, 70114 offers a 12.31% rental yield on a $130,000 purchase with $1,334/mo rent. Total monthly income registers $1,334/mo, and a $636/mo payment leaves $529/mo available for distribution. Annual cash flow reaches $6,348/yr on $43,095 to close, and return on cash invested stands at 34.64% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 181.84% and total cumulative return in cash at $78,363. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,334/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1930

3,200 sqft lot

$N/A/sqft

No HOA