920 Poeyfarre St APT 161New OrleansLA70130
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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 920 Poeyfarre St APT 161, New Orleans, LA, 70130 earns $639/mo cash flow from $2,032/mo rent with a $1,101/mo payment. Total monthly income totals $2,032/mo, and annual cash flow totals $7,662/yr on $74,588 capital. ROI tracks 30.18% on current figures, and rental yield reads 10.84% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 157.97% and total cumulative return in cash sums $117,825. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,032/mo property income instead of your personal income.
Condo
Built in 2014
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70130, New Orleans, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,642 (100%) |
| Owner Occupied HU | 2,914 (25.0%) |
| Renter Occupied HU | 5,842 (50.2%) |
| Vacant Housing Units | 2,886 (24.8%) |
| Median Home Value | $581,655 |
| Average Home Value | $726,576 |
Housing Distribution
Address Breakdown
Residential
11,455
Single Family
5,270
Multi-Family
6,185
Businesses
2,549
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Listed by: Sergio Mesa • Elite Real Estate Advisors
Mls Name: GSREIN
Mls ID: #2537252