901 Hendee St, New Orleans, LA, 70114 | $215/mo Cash Flow

For Sale

Motivated Seller

Rental Income

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

Investment property for sale in New Orleans at 901 Hendee St, New Orleans, LA, 70114 offers a 9.29% rental yield on a $139,000 purchase with $1,076/mo rent. Total monthly income registers $1,076/mo, and a $680/mo payment leaves $215/mo available for distribution. Annual cash flow reaches $2,584/yr on $46,079 to close, and return on cash invested stands at 25.52% in year one. Equity gained on principal adds $897/yr while 5% annual appreciation supports $38,403 over five years. Portfolio math shows five-year ROI at 133.02% and total cumulative return in cash at $61,292. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,076/mo property income against a $680/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1960

3,654 sqft lot

$N/A/sqft

No HOA