7542 Lehigh StNew OrleansLA70127
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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 7542 Lehigh St, New Orleans, LA, 70127 listed at $150,000 pairs $1,149/mo rent with a $734/mo payment to leave $176/mo cash flow. Total monthly income runs $1,149/mo, and annual cash flow reaches $2,116/yr on $49,725 cash to close. Return on cash invested measures 24.17% in year one, and rental yield registers 9.19% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 126.13% and total cumulative return in cash totals $62,718. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,149/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
7,850 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
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Listed by: Natasha Dixon-Joseph • Essential Living Realty LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2506046
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.