5530 Willow StNew OrleansLA70115
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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 5530 Willow St, New Orleans, LA, 70115 generates $8,800/mo in rent and, after a $4,099/mo payment, leaves $3,547/mo in cash flow. Total monthly income is $8,800/mo, and annual cash flow is $42,568/yr on $275,538 invested. Return on cash invested sits at 35.51% in year one, and rental yield is 12.61% on a $837,500 entry. Equity gained on principal adds $5,404/yr, while 5% annual appreciation builds toward $231,386 over five years. Five-year ROI reaches 186.58% and total cumulative return in cash sums $514,101. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,800/mo property income rather than buyer’s personal income.
Multi Family
Built in 1923
4,800 sqft lot
$N/A/sqft
No HOA
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Listed by: Becky Ray Giroir • REVE, REALTORS
Mls Name: GSREIN
Mls Provider:
Mls ID: #2512806
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.