917 Conti St #PENTHOUSE ANew OrleansLA70112
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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 917 Conti St #PENTHOUSE A, New Orleans, LA, 70112 projects strong ROI of 5.13%. Rental yield 2.49%. With 5% annual appreciation, the property builds $687,941 in value over five years. Equity growth combined delivers a projected five-year ROI of 23.48%, translating into $189,463 in total cumulative return on $806,760 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Townhouse
Built in 1900
4,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70112, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,224 (100%) |
| Owner Occupied HU | 298 ( 7.1%) |
| Renter Occupied HU | 2,643 (62.6%) |
| Vacant Housing Units | 1,283 (30.4%) |
| Median Home Value | $461,184 |
| Average Home Value | $568,541 |
Housing Distribution
Address Breakdown
Residential
4,644
Single Family
1,551
Multi-Family
3,093
Businesses
904
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Listed by: Nancy Almodovar • Nan & Company Properties - Corporate Office (Heights)
Mls Name: HAR
Mls ID: #96443210