930 Brooklyn StNew OrleansLA70114
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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 930 Brooklyn St, New Orleans, LA, 70114 priced at $114,900 converts $907/mo rent into $196/mo cash flow after a $562/mo obligation. Total monthly income equals $907/mo, and annual cash flow totals $2,348/yr on $38,089 invested. Return on cash invested prints 26.07% in year one, and rental yield reads 9.47% against a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation compiles into $31,745 by year five. Five-year ROI reaches 135.98% and total cumulative return in cash sums $51,794. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $907/mo property income covering a $562/mo payment, not borrower’s personal income.
Single Family
Built in 1923
2,975 sqft lot
$N/A/sqft
No HOA
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Listed by: Daniel Cross • Snap Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2444539
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