5313 Wickfield Drive, New Orleans, LA 70122
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
5313 Wickfield Drive,New Orleans, LA 70122
$170,000
- 4 Beds
- 2 Baths
- 1,665 sq. ft.
- Multi-family
- Active
Listed by:david ernst
Office:keller williams realty new orleans
MLS#:2518563
Source:LA_CLBOR
Price summary
- Price:$170,000
- Price per sq. ft.:$102.1
About this home
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.
Contact an agent
Home facts
- Year built:1950
- Listing ID #:2518563
- Added:7 day(s) ago
- Updated:September 03, 2025 at 03:01 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,665 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Heating
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1950
- Building area:1,665 sq. ft.
- Lot area:0.11 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$170,000
- Price per sq. ft.:$102.1
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