6642 Avenue B, New Orleans, LA, 70124 | $857/mo Cash Flow

Off market

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 6642 Avenue B, New Orleans, LA, 70124 at $431,600 posts ROI 27.09% with $857/mo cash flow from $3,784/mo rent. Total monthly income equals $3,784/mo, and annual cash flow records $10,280/yr on $143,075 to close. Return on cash invested measures 27.09% and rental yield reads 10.52% at the current $431,600. Equity gained on principal adds $2,785/yr, and 5% annual appreciation supports $119,243 by year five. Five-year ROI prints 142.15% and total cumulative return in cash totals $203,377.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,784/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2006

6,000 sqft lot

$N/A/sqft

$10 monthly 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