628-30 N Olympia StNew OrleansLA70119
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
Investment Highlights
Investment property for sale in New Orleans at 628-30 N Olympia St, New Orleans, LA, 70119 earns $383/mo cash flow from $2,764/mo rent with a $1,881/mo payment. Total monthly income totals $2,764/mo, and annual cash flow totals $4,599/yr on $127,429 capital. ROI tracks 23.52% on current figures, and rental yield reads 8.63% at a $384,400 purchase. Equity gained on principal adds $2,480/yr, and 5% annual appreciation supports $106,203 over five years. Five-year ROI reaches 122.23% and total cumulative return in cash sums $155,750. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,764/mo property income instead of your personal income.
Multi Family
Built in 1940
3,720 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70119, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,320 (100%) |
| Owner Occupied HU | 6,212 (29.1%) |
| Renter Occupied HU | 12,249 (57.5%) |
| Vacant Housing Units | 2,859 (13.4%) |
| Median Home Value | $392,649 |
| Average Home Value | $472,383 |
Housing Distribution
Address Breakdown
Residential
21,580
Single Family
18,442
Multi-Family
3,138
Businesses
1,860
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A