801 Elmira Ave, New Orleans, LA, 70114 | 3.75% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in New Orleans at 801 Elmira Ave, New Orleans, LA, 70114 offers $1,717/mo rent that, after a $2,691/mo payment. Total monthly income is $1,717/mo. Return on cash invested measures 8.86% in year one, and rental yield stands at 3.75% at a $549,900 entry. Equity gained on principal adds $3,548/yr while 5% annual appreciation compounds into $151,927 by year five. Five-year ROI records 43.57% and total cumulative return in cash reaches $78,830. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,717/mo property income versus a $2,691/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

2,784 sqft lot

$N/A/sqft

No HOA