537 Thayer St, New Orleans, LA, 70114 | $945/mo Cash Flow

For Sale

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 537 Thayer St, New Orleans, LA, 70114 uses $157,131 cash to close to unlock $11,338/yr annual cash flow and $945/mo monthly cash flow. Total monthly income runs $3,881/mo, and a $2,320/mo payment keeps the spread at $945/mo. Purchase price stands at $474,000, and rental yield measures 9.83% with $3,881/mo rent. Return on cash invested shows 27.12% in year one, and 5% annual appreciation builds toward $130,957 over five years. Five-year ROI reaches 141.54% and total cumulative return in cash records $222,401. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,881/mo property income covering a $2,320/mo payment rather than investor’s personal income.

Single Family

Built in 2024

3,720 sqft lot

$N/A/sqft

No HOA