602 Jefferson Ave, New Orleans, LA, 70115 | 2.68% 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 602 Jefferson Ave, New Orleans, LA, 70115 at $1,345,000 posts ROI 5.69% with from $3,000/mo rent. Total monthly income equals $3,000/mo. Return on cash invested measures 5.69% and rental yield reads 2.68% at the current $1,345,000. Equity gained on principal adds $8,679/yr, and 5% annual appreciation supports $371,599 by year five. Five-year ROI prints 26.5% and total cumulative return in cash totals $115,472. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,000/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1925

7,905 sqft lot

$N/A/sqft

No HOA