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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
22000555

2259 Humanity St, New Orleans, LA 70122

BN
FL 3306745
Best Mortgage & Realty
Listed by Best Mortgage & Realty
$190,000
467 days on market
Updated 122 days ago
Earnest Money Deposit: $5,000 min
Note/Loan

2259 Humanity St

Loan Details
Property Type Note/Loan
Loan Status Performing
Origination UPB $208,000
Current UPB $208,888

$195000 UPB | Performing

Marketing description

Loan investment to enable the borrower to purchase the house he is now renting since March 2025.

Fully renovated 3 BR 3 baths house rented for $2,000 per month.
Ten years interest only payments. New secured mortgage loan / note will be issued at closing to the investor.
Principal loan amount $195,000
Interest rate is 12%
Investment required: $190,000
House appraisal is $244,000
Loan is secured by first lien on the house.
House address is 2259 Humanity St, New Orleans, LA 70122
House is rented by the note holder who is paying $2000 per month.
Rent is below market rate and the tenant will not move out.
You will own the whole note and mortgage of $195,000, receive automatic monthly bank deposits of $2000 for 5 years and then the whole loan balance of $195,000 for a total of a total of $315,000 which is much better and more secure than any stock, bond or other investment.

Please contact Sam by email at Sam@bstncapital.com or by phone at 407-595-9010

Listing Contacts

BN
FL 3306745
Best Mortgage & Realty
Listed by Best Mortgage & Realty

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