1204 Madewood Rd, La Place, LA, 70068 | $796/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in La Place at 1204 Madewood Rd, La Place, LA, 70068 generates $2,215/mo in rent and, after a $1,121/mo payment, leaves $796/mo in cash flow. Total monthly income is $2,215/mo, and annual cash flow is $9,556/yr on $75,914 invested. Return on cash invested sits at 32.5% in year one, and rental yield is 11.61% on a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 170.41% and total cumulative return in cash sums $129,365. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,215/mo property income rather than buyer’s personal income.

Single Family

Built in 1950

6,534 sqft 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