5600 Prytania StNew OrleansLA70115
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
Rental property for sale in New Orleans at 5600 Prytania St, New Orleans, LA, 70115 priced at $1,200,000 pairs $4,840/mo rent with after a $5,873/mo payment. Total monthly income equals $4,840/mo. Return on cash invested is 10.23% in year one, and rental yield stands at 4.84% on a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and 5% annual appreciation accumulates to $331,538 by year five. Five-year ROI measures 51.62% and total cumulative return in cash reaches $200,699. For financing, Ziffy Mortgage’s DSCR program evaluates $4,840/mo property income against a $5,873/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1917
4,399 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeanne Boughton • RE/MAX N.O. Properties
Mls Name: GSREIN
Mls Provider:
Mls ID: #2498424
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.