722 Cadiz 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 722 Cadiz St, New Orleans, LA, 70115 at $415,000 posts ROI 20.2% with $33/mo cash flow from $2,934/mo rent. Total monthly income equals $2,934/mo, and annual cash flow records $399/yr on $137,573 to close. Return on cash invested measures 20.2% and rental yield reads 8.48% at the current $415,000. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 by year five. Five-year ROI prints 105.47% and total cumulative return in cash totals $145,101.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,934/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1922
4,647 sqft lot
$N/A/sqft
No HOA
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Listed by: Rachel Silvers • Galiano Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2509181
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.