5555 Marcia AveNew OrleansLA70124
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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
Investment property for sale in New Orleans at 5555 Marcia Ave, New Orleans, LA, 70124 listed at $1,300,000 pairs $4,821/mo rent with a $6,363/mo payment. Total monthly income runs $4,821/mo. Return on cash invested measures 11.16% in year one, and rental yield registers 4.45% at a $1,300,000 basis. Equity gained on principal adds $8,389/yr, and annual property appreciation at 5% supports $359,166 by year five. Five-year ROI tracks 55.84% and total cumulative return in cash totals $235,191. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,821/mo property income relative to a $6,363/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70124, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,174 (100%) |
| Owner Occupied HU | 6,916 (68.0%) |
| Renter Occupied HU | 2,432 (23.9%) |
| Vacant Housing Units | 826 ( 8.1%) |
| Median Home Value | $588,858 |
| Average Home Value | $647,212 |
Housing Distribution
Address Breakdown
Residential
10,313
Single Family
9,693
Multi-Family
620
Businesses
329
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Listed by: Anthony Posey • Anthony Posey Properties, Inc
Mls Name: GSREIN
Mls ID: #2534450