5825-58 Catina StNew 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
Rental property for sale in New Orleans at 5825-58 Catina St, New Orleans, LA, 70124 generates $3,840/mo in rent and, after a $2,144/mo payment, leaves $1,127/mo in cash flow. Total monthly income is $3,840/mo, and annual cash flow is $13,519/yr on $145,197 invested. Return on cash invested sits at 29.22% in year one, and rental yield is 10.52% on a $438,000 entry. Equity gained on principal adds $2,826/yr, while 5% annual appreciation builds toward $121,011 over five years. Five-year ROI reaches 152.78% and total cumulative return in cash sums $221,826. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,840/mo property income rather than buyer’s personal income.
Multi Family
Built in 1925
6,490 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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Listed by: Brandon Hartenstein • Oak Tree Realty, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2513740
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.