664 Newman Ave, Jefferson, LA, 70121 | 7.29% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
1948 sft

1870-72 N Roman St, New Orleans, LA, 70116

3 Bed
1 Bath
1245 sft

877 Pontalba St, New Orleans, LA, 70124

Rental Income+ 1 more

2 Bed
2 Bath
2488 sft

6415 Catina St, New Orleans, LA, 70124

3 Bed
2 Bath
1777 sft

2101 Harvard Ln, Gretna, LA, 70056

Nearby investment properties with comparable prices

2 Bed
3 Bath
2130 sft

224 S Roadway St #17, New Orleans, LA, 70124

1 Bed
1 Bath
723 sft

1215 Louisiana Ave UNIT 207, New Orleans, LA, 70115

4 Bed
2 Bath
1920 sft

6000 Franklin Ave, New Orleans, LA, 70122

3 Bed
2 Bath
1530 sft

1131 N Roman St, New Orleans, LA, 70116

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $2,464/mo, and a $1,985/mo payment. Purchase price stands at $405,600, and rental yield measures 7.29% with $2,464/mo rent. Return on cash invested shows 19.48% in year one, and 5% annual appreciation builds toward $112,060 over five years. Five-year ROI reaches 100.53% and total cumulative return in cash records $135,166. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,464/mo property income covering a $1,985/mo payment rather than investor’s personal income.

Single Family

Built in 1972

8,250 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70121, New Orleans, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,242 (100%)
Owner Occupied HU	3,086 (49.4%)
Renter Occupied HU	2,522 (40.4%)
Vacant Housing Units	634 (10.2%)
Median Home Value	$284,768
Average Home Value	$318,145