100 Catherine CtLa PlaceLA70068
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 100 Catherine Ct, La Place, LA, 70068 in La Place. Rental yield 4.83%. At $560,000 with 4.83% gross yield, current distributions are modest, but the 5% appreciation rate projects $154,718 in new equity by year five, complemented by $5,158/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.89) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $134,041.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 7.9% |
| Monthly Cash Flow | $(1,217) | $320 |
City averages based on La Place market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,252 |
| Total Monthly Debt Service | $3,246 |
| DSCR Ratio | 0.69x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1996
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70068, La Place, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,259 (100%) |
| Owner Occupied HU | 9,434 (71.2%) |
| Renter Occupied HU | 2,587 (19.5%) |
| Vacant Housing Units | 1,238 ( 9.3%) |
| Median Home Value | $205,082 |
| Average Home Value | $234,209 |
Housing Distribution
Address Breakdown
Residential
12,920
Single Family
12,439
Multi-Family
481
Businesses
862
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1996
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70068, La Place, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,259 (100%) |
| Owner Occupied HU | 9,434 (71.2%) |
| Renter Occupied HU | 2,587 (19.5%) |
| Vacant Housing Units | 1,238 ( 9.3%) |
| Median Home Value | $205,082 |
| Average Home Value | $234,209 |
Housing Distribution
Address Breakdown
Residential
12,920
Single Family
12,439
Multi-Family
481
Businesses
862
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Randy LeBlanc • LeBlanc Realty Group, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2496553
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.