Courtesy of: David Ernst, Keller Williams Realty New Orleans, ernst@listingnola.com
Courtesy of: David Ernst, Keller Williams Realty New Orleans, ernst@listingnola.com
$170,000
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Lot: 0.11 Acres
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Duplex
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$170,000
5313 WICKFIELD Drive Income-Producing Double in Filmore Gardens! Well-maintained double offering two separate units, each with 2 bedrooms and 1 bathroom. Both units are occupied and producing a combined $2, 100/month ($25, 200/year) in rental income, with tenants responsible for their own utilities. Property highlights: Solid rental history with $25, 200 annual gross income Owner-owned refrigerators, stoves, and dishwashers in both units Tenants pay utilities, keeping operating costs lower Annual expenses: Flood insurance $1, 082, Property insurance est. $5, 500, Taxes $2, 352 With 20% down and 7% financing, projected cash-on-cash return ~16% at the $170K asking price Great opportunity for investors or owner-occupants This property delivers reliable cash flow and a strong return in today’s market.
Courtesy of: David Ernst, Keller Williams Realty New Orleans, ernst@listingnola.com
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