911 Saint Peter St APT 4New OrleansLA70116
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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 911 Saint Peter St APT 4, New Orleans, LA, 70116 listed at $415,000 pairs $2,756/mo rent with a $2,031/mo payment to leave $186/mo cash flow. Total monthly income runs $2,756/mo, and annual cash flow reaches $2,226/yr on $137,573 cash to close. Return on cash invested measures 21.53% in year one, and rental yield registers 7.97% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 111.53% and total cumulative return in cash totals $153,441. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,756/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1838
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70116, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,811 (100%) |
| Owner Occupied HU | 2,243 (22.9%) |
| Renter Occupied HU | 4,387 (44.7%) |
| Vacant Housing Units | 3,181 (32.4%) |
| Median Home Value | $456,334 |
| Average Home Value | $578,875 |
Housing Distribution
Address Breakdown
Residential
8,406
Single Family
6,376
Multi-Family
2,030
Businesses
902
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Listed by: Shelley Lawrence • Wurth Real Estate Services
Mls Name: GSREIN
Mls ID: #2537330