TURNKEY RENTAL OPPORTUNITY
📍 8011 Tarpon St, New Orleans, LA
Looking for a cash-flowing rental property with strong fundamentals? This turnkey 2-bedroom, 1-bath home offers investors an opportunity to acquire a rental well below replacement cost in a desirable X Flood Zone location.
Property Highlights
- 2 Bedrooms | 1 Bathroom
- X Flood Zone
- Turnkey Rental
- Purchase Price: $85,000
- Estimated Market Rent: $1,400/month
Investment Potential
At an estimated $1,400 per month in rental income, this property significantly exceeds the 1% Rule, generating approximately 1.65% of the purchase price in monthly rent. Opportunities like this are becoming increasingly difficult to find, making this an attractive option for both new and seasoned investors seeking strong cash flow from day one.
Whether you’re looking to add to your portfolio or secure your first investment property, 8011 Tarpon St offers the combination of affordability, rental demand, and immediate income potential that investors are looking for.