716-718 Arabella StNew OrleansLA70115
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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 716-718 Arabella St, New Orleans, LA, 70115 earns $1,025/mo cash flow from $4,605/mo rent with a $2,829/mo payment. Total monthly income totals $4,605/mo, and annual cash flow totals $12,295/yr on $190,162 capital. ROI tracks 26.53% on current figures, and rental yield reads 9.56% at a $578,000 purchase. Equity gained on principal adds $3,730/yr, and 5% annual appreciation supports $159,691 over five years. Five-year ROI reaches 138.3% and total cumulative return in cash sums $262,997. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,605/mo property income instead of your personal income.
Multi Family
Built in 1920
3,600 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Mary Ann Pittman • LATTER & BLUM (LATT18)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2515281
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.