912 Cambronne StNew OrleansLA70118
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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
Rental property for sale in New Orleans at 912 Cambronne St, New Orleans, LA, 70118 priced at $307,800 converts $3,794/mo rent into $1,887/mo cash flow after a $1,507/mo obligation. Total monthly income equals $3,794/mo, and annual cash flow totals $22,642/yr on $102,036 invested. Return on cash invested prints 42.1% in year one, and rental yield reads 14.79% against a $307,800 entry. Equity gained on principal adds $1,986/yr, while 5% annual appreciation compiles into $85,039 by year five. Five-year ROI reaches 221.84% and total cumulative return in cash sums $226,357. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,794/mo property income covering a $1,507/mo payment, not borrower’s personal income.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70118, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,997 (100%) |
| Owner Occupied HU | 6,455 (40.4%) |
| Renter Occupied HU | 7,143 (44.7%) |
| Vacant Housing Units | 2,399 (15.0%) |
| Median Home Value | $468,215 |
| Average Home Value | $623,943 |
Housing Distribution
Address Breakdown
Residential
16,224
Single Family
14,534
Multi-Family
1,690
Businesses
796
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Listed by: N/A • N/A
Mls Name: Latter and Blum
Mls ID: #2490682