7151 Thornley DrNew OrleansLA70126
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
Rental property for sale in New Orleans at 7151 Thornley Dr, New Orleans, LA, 70126 generates $1,397/mo in rent and, after a $881/mo payment, leaves $282/mo in cash flow. Total monthly income is $1,397/mo, and annual cash flow is $3,384/yr on $59,670 invested. Return on cash invested sits at 25.58% in year one, and rental yield is 9.31% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 133.26% and total cumulative return in cash sums $79,517. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,397/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70126, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,673 (100%) |
| Owner Occupied HU | 5,680 (44.8%) |
| Renter Occupied HU | 5,423 (42.8%) |
| Vacant Housing Units | 1,570 (12.4%) |
| Median Home Value | $215,032 |
| Average Home Value | $268,041 |
Housing Distribution
Address Breakdown
Residential
12,201
Single Family
10,970
Multi-Family
1,231
Businesses
646
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lareal Fields • Whit Ownership
Mls Name: GSREIN
Mls ID: #2515830