7727 Alabama StNew OrleansLA70126
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 7727 Alabama St, New Orleans, LA, 70126 earns $197/mo cash flow from $878/mo rent with a $538/mo payment. Total monthly income totals $878/mo, and annual cash flow totals $2,364/yr on $36,465 capital. ROI tracks 26.39% on current figures, and rental yield reads 9.58% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 137.62% and total cumulative return in cash sums $50,184. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $878/mo property income instead of your personal income.
Single Family
Built in 1957
5,250 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joy Martin-Richardson • Bayou Brokerage LLC
Mls Name: GSREIN
Mls ID: #2527476