917 Conti St UNIT 102New 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
Total monthly income runs $2,512/mo, and a $3,161/mo payment. Purchase price stands at $645,900, and rental yield measures 4.67% with $2,512/mo rent. Return on cash invested shows 3.68% in year one, and 5% annual appreciation builds toward $178,450 over five years. Five-year ROI reaches 18.69% and total cumulative return in cash records $39,718. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,512/mo property income covering a $3,161/mo payment rather than investor’s personal income.
Condo
Built in 1900
N/A 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: Trisha Faliveno • Talbot Realty Group
Mls Name: GSREIN
Mls Provider:
Mls ID: #2514683
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.