5652 General Haig StNew OrleansLA70124
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
Investment property for sale in New Orleans at 5652 General Haig St, New Orleans, LA, 70124 at $399,000 posts ROI 25.26% with $590/mo cash flow from $3,062/mo rent. Total monthly income equals $3,062/mo, and annual cash flow records $7,084/yr on $132,269 to close. Return on cash invested measures 25.26% and rental yield reads 9.21% at the current $399,000. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 by year five. Five-year ROI prints 131.59% and total cumulative return in cash totals $174,050.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,062/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
4,800 sqft 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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Nearby investment properties with comparable prices
Listed by: Blair Mahaffey • Keller Williams Realty New Orleans
Mls Name: GSREIN
Mls ID: #2530498