7162-60 Bunker Hill RdNew OrleansLA70127
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 7162-60 Bunker Hill Rd, New Orleans, LA, 70127 in New Orleans hard to pass up. The 10.31% gross yield on a $210,000 purchase results in $1,804/mo in rent and $503/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.91). Annual cash flow of $6,038, five-year appreciation of $58,019, and $1,934/yr in equity build-up combine for a projected total cumulative return of $112,015.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 5.2% |
| Monthly Cash Flow | $503 | $850 |
City averages based on New Orleans market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,804 |
| Total Monthly Debt Service | $1,217 |
| DSCR Ratio | 1.48x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1972
7,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70127, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,411 (100%) |
| Owner Occupied HU | 4,382 (42.1%) |
| Renter Occupied HU | 5,014 (48.2%) |
| Vacant Housing Units | 1,015 ( 9.7%) |
| Median Home Value | $218,265 |
| Average Home Value | $295,266 |
Housing Distribution
Address Breakdown
Residential
10,378
Single Family
7,539
Multi-Family
2,839
Businesses
643
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
Multi Family
Built in 1972
7,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70127, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,411 (100%) |
| Owner Occupied HU | 4,382 (42.1%) |
| Renter Occupied HU | 5,014 (48.2%) |
| Vacant Housing Units | 1,015 ( 9.7%) |
| Median Home Value | $218,265 |
| Average Home Value | $295,266 |
Housing Distribution
Address Breakdown
Residential
10,378
Single Family
7,539
Multi-Family
2,839
Businesses
643
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rickey Bolton Jr. • Service 1st Real Estate
Mls Name: GSREIN
Mls ID: #2511943