7814 Colapissa StNew OrleansLA70125
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 7814 Colapissa St, New Orleans, LA, 70125 at $229,900 posts ROI 31.58% with $741/mo cash flow from $2,165/mo rent. Total monthly income equals $2,165/mo, and annual cash flow records $8,894/yr on $76,212 to close. Return on cash invested measures 31.58% and rental yield reads 11.3% at the current $229,900. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 by year five. Five-year ROI prints 165.47% and total cumulative return in cash totals $126,107.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,165/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1924
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70125, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,910 (100%) |
| Owner Occupied HU | 2,874 (36.3%) |
| Renter Occupied HU | 3,917 (49.5%) |
| Vacant Housing Units | 1,119 (14.1%) |
| Median Home Value | $453,545 |
| Average Home Value | $501,014 |
Housing Distribution
Address Breakdown
Residential
7,993
Single Family
7,494
Multi-Family
499
Businesses
596
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Nearby investment properties with comparable prices
Listed by: David Landry • David Landry Real Estate, LLC
Mls Name: ROAM MLS
Mls ID: #2025006275