8936 Curran BlvdNew 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
Rental property for sale in New Orleans at 8936 Curran Blvd, New Orleans, LA, 70127 priced at $125,000 converts $971/mo rent into $197/mo cash flow after a $612/mo obligation. Total monthly income equals $971/mo, and annual cash flow totals $2,358/yr on $41,438 invested. Return on cash invested prints 25.6% in year one, and rental yield reads 9.32% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 133.43% and total cumulative return in cash sums $55,289. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $971/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 1960
5,662 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: Leslie Smith • Property Quest Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2497781
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.