5818 Patton St, New Orleans, LA, 70115 | 4.37% Rental Yield

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 5818 Patton St, New Orleans, LA, 70115 offers a 4.37% rental yield on a $1,100,000 purchase with $4,006/mo rent. 92% in year one. Equity gained on principal adds $7,098/yr while 5% annual appreciation supports $303,910 over five years. Portfolio math shows five-year ROI at 54.52% and total cumulative return in cash at $194,299. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,006/mo property income against a $5,384/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1896

7,200 sqft lot

$N/A/sqft

No HOA