624 Eleonore St, New Orleans, LA, 70115 | $1,190/mo Cash Flow

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 624 Eleonore St, New Orleans, LA, 70115 with 5% annual appreciation on a $925,000 basis while $6,919/mo rent supports operations. Total monthly income totals $6,919/mo and a $4,527/mo payment preserves $1,190/mo for cash returns. Annual cash flow comes to $14,274/yr on $304,325 deployed, and return on cash invested reaches 24.75% in year one. Equity gained on principal adds $5,969/yr, and five-year appreciation sums $255,560 alongside rental yield of 8.98%. Five-year ROI measures 128.78% and total cumulative return in cash totals $391,909.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,919/mo property income versus a $4,527/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1886

3,600 sqft lot

$N/A/sqft

No HOA