706-708 Majestic Pl, New Orleans, LA, 70114 | $1,135/mo Cash Flow

Off market

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1268 sft

4001 Colorado Ave, Kenner, LA, 70065

3 Bed
3 Bath
2225 sft

419 Palm Dr, Braithwaite, LA, 70040

4 Bed
2 Bath
1672 sft

3906 Paris Ave, New Orleans, LA, 70122

Investment Property+ 1 more

3 Bed
2 Bath
1115 sft

705 Hooter Rd, Bridge City, LA, 70094

Nearby investment properties with comparable prices

4 Bed
2 Bath
1500 sft

1708 Westminister Blvd, Marrero, LA, 70072

2 Bed
1 Bath
1056 sft

479 Grefer Ave, Harvey, LA, 70058

Investment Property+ 1 more

4 Bed
2 Bath
1872 sft

6016 N Villere St, New Orleans, LA, 70117

3 Bed
2 Bath
1575 sft

10114 Dreux Ave, New Orleans, LA, 70127

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

Investment property for sale in New Orleans at 706-708 Majestic Pl, New Orleans, LA, 70114 uses $56,720 cash to close to unlock $13,615/yr annual cash flow and $1,135/mo monthly cash flow. Total monthly income runs $2,194/mo, and a $837/mo payment keeps the spread at $1,135/mo. Purchase price stands at $171,100, and rental yield measures 15.39% with $2,194/mo rent. Return on cash invested shows 43.91% in year one, and 5% annual appreciation builds toward $47,272 over five years. Five-year ROI reaches 231.61% and total cumulative return in cash records $131,370. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,194/mo property income covering a $837/mo payment rather than investor’s personal income.

Home Type Unknown

Built in N/A

N/A lot

$N/A/sqft

No HOA