7600 Burke RdNew OrleansLA70127
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
Investment Highlights
Investment property for sale in New Orleans at 7600 Burke Rd, New Orleans, LA, 70127 earns $536/mo cash flow from $2,177/mo rent with a $1,297/mo payment. Total monthly income totals $2,177/mo, and annual cash flow totals $6,426/yr on $87,847 capital. ROI tracks 27.22% on current figures, and rental yield reads 9.86% at a $264,999 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,214 over five years. Five-year ROI reaches 142.1% and total cumulative return in cash sums $124,827. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,177/mo property income instead of your personal income.
Single Family
Built in 1970
9,060 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: Keturah Havior • Real Broker, LLC
Mls Name: GSREIN
Mls ID: #2524342