6548 Pontchartrain BlvdNew 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
Investment property for sale in New Orleans at 6548 Pontchartrain Blvd, New Orleans, LA, 70124 uses $106,080 cash to close to unlock $5,232/yr annual cash flow and $436/mo monthly cash flow. Total monthly income runs $2,418/mo, and a $1,566/mo payment keeps the spread at $436/mo. Purchase price stands at $320,000, and rental yield measures 9.07% with $2,418/mo rent. Return on cash invested shows 24.84% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 129.29% and total cumulative return in cash records $137,151. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,418/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1966
5,998 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: Donna Chandler • RE/MAX Affiliates
Mls Name: GSREIN
Mls ID: #2530109