5931 Saint Charles AveNew OrleansLA70115
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in New Orleans at 5931 Saint Charles Ave, New Orleans, LA, 70115 projects strong ROI of 7.17%. Rental yield 3.06%. With 5% annual appreciation, the property builds $953,171 in value over five years. Equity growth combined delivers a projected five-year ROI of 51.23%, translating into $499,290 in total cumulative return on $974,625 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.1% | 5.2% |
| Monthly Cash Flow | $(13,661) | $850 |
City averages based on New Orleans market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,800 |
| Total Monthly Debt Service | $19,998 |
| DSCR Ratio | 0.44x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1968
0.38 Acres lot
$N/A/sqft
No HOA
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
Single Family
Built in 1968
0.38 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katie Frame • McEnery Residential, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2467563
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