7800 Allison 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 7800 Allison Rd, New Orleans, LA, 70126 uses $71,273 cash to close to unlock $6,990/yr annual cash flow and $583/mo monthly cash flow. Total monthly income runs $1,914/mo, and a $1,052/mo payment keeps the spread at $583/mo. Purchase price stands at $215,000, and rental yield measures 10.68% with $1,914/mo rent. Return on cash invested shows 29.72% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 155.46% and total cumulative return in cash records $110,797. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,914/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1966
7,139 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: Michele Branigan • Crane Realtors
Mls Name: GSREIN
Mls Provider:
Mls ID: #2494729
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.