548 Elmira Ave, New Orleans, LA, 70114 | $885/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 548 Elmira Ave, New Orleans, LA, 70114 with 5% annual appreciation on a $299,000 basis while $2,737/mo rent supports operations. Total monthly income totals $2,737/mo and a $1,463/mo payment preserves $885/mo for cash returns. Annual cash flow comes to $10,624/yr on $99,119 deployed, and return on cash invested reaches 30.63% in year one. Equity gained on principal adds $1,929/yr, and five-year appreciation sums $82,608 alongside rental yield of 10.98%. Five-year ROI measures 160.36% and total cumulative return in cash totals $158,950.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,737/mo property income versus a $1,463/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1934

3,968 sqft lot

$N/A/sqft

No HOA