121 Gail Dr, La Place, LA, 70068 | $699/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Investment Property+ 1 more

4 Bed
- Bath
2230 sft

253 Belle Terre Blvd, La Place, LA, 70068

3 Bed
2 Bath
1234 sft

3633 E Loyola Dr, Kenner, LA, 70065

- Bed
- Bath
- sft

337 Highway Dr #39, New Orleans, LA, 70121

4 Bed
3 Bath
2250 sft

284 Homewood Pl, Reserve, LA, 70084

Nearby investment properties with comparable prices

3 Bed
2 Bath
2012 sft

616 Manchester Ln, La Place, LA, 70068

3 Bed
2 Bath
956 sft

180 Blanche Dr, Westwego, LA, 70094

4 Bed
2 Bath
1644 sft

42 Cynthia St, Westwego, LA, 70094

3 Bed
2 Bath
1420 sft

316 Capitol Dr, Westwego, LA, 70094

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in La Place at 121 Gail Dr, La Place, LA, 70068 listed at $229,500 pairs $2,120/mo rent with a $1,123/mo payment to leave $699/mo cash flow. Total monthly income runs $2,120/mo, and annual cash flow reaches $8,384/yr on $76,079 cash to close. Return on cash invested measures 30.93% in year one, and rental yield registers 11.08% at a $229,500 basis. Equity gained on principal adds $1,481/yr, and annual property appreciation at 5% supports $63,407 by year five. Five-year ROI tracks 161.95% and total cumulative return in cash totals $123,210. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,120/mo property income relative to a $1,123/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2002

8,280 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