7330 Eastmore RdNew OrleansLA70126
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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 7330 Eastmore Rd, New Orleans, LA, 70126 with 5% annual appreciation on a $165,000 basis while $1,247/mo rent supports operations. Total monthly income totals $1,247/mo and a $808/mo payment preserves $225/mo for cash returns. Annual cash flow comes to $2,694/yr on $54,698 deployed, and return on cash invested reaches 24.83% in year one. Equity gained on principal adds $1,065/yr, and five-year appreciation sums $45,586 alongside rental yield of 9.07%. Five-year ROI measures 129.33% and total cumulative return in cash totals $70,739.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,247/mo property income versus a $808/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
7,020 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
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Listed by: Allen Thompson • United Real Estate Partners LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2483484
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