5335 Elysian Fields AveNew OrleansLA70122
Nearby investment properties with comparable rents
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
Investment property for sale in New Orleans at 5335 Elysian Fields Ave, New Orleans, LA, 70122 uses $67,957 cash to close to unlock $1,806/yr annual cash flow and $151/mo monthly cash flow. Total monthly income runs $1,420/mo, and a $1,003/mo payment keeps the spread at $151/mo. Purchase price stands at $204,999, and rental yield measures 8.31% with $1,420/mo rent. Return on cash invested shows 22.57% in year one, and 5% annual appreciation builds toward $56,637 over five years. Five-year ROI reaches 117.12% and total cumulative return in cash records $79,589. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,420/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1958
5,641 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: William Stall • Amplified Realty Group, Inc.
Mls Name: GSREIN
Mls Provider:
Mls ID: #2488651
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.