7420 Seven Oaks RdNew OrleansLA70128
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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 7420 Seven Oaks Rd, New Orleans, LA, 70128 listed at $199,900 pairs $1,524/mo rent with a $978/mo payment to leave $286/mo cash flow. Total monthly income runs $1,524/mo, and annual cash flow reaches $3,434/yr on $66,267 cash to close. Return on cash invested measures 25.09% in year one, and rental yield registers 9.15% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 130.71% and total cumulative return in cash totals $86,617. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,524/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
7,854 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70128, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,480 (100%) |
| Owner Occupied HU | 4,460 (59.6%) |
| Renter Occupied HU | 2,241 (30.0%) |
| Vacant Housing Units | 779 (10.4%) |
| Median Home Value | $242,435 |
| Average Home Value | $291,626 |
Housing Distribution
Address Breakdown
Residential
7,332
Single Family
6,256
Multi-Family
1,076
Businesses
144
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Listed by: B. J. Murphey • LATTER & BLUM (LATT14)
Mls Name: GSREIN
Mls ID: #2504124