121 Pontchartrain RdLa PlaceLA70068
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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
Investment Highlights
Investment property for sale in La Place at 121 Pontchartrain Rd, La Place, LA, 70068 at $395,000 posts ROI 19.7% with from $2,424/mo rent. Total monthly income equals $2,424/mo. Return on cash invested measures 19.7% and rental yield reads 7.36% at the current $395,000. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 by year five. Five-year ROI prints 101.77% and total cumulative return in cash totals $133,254. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,424/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2010
0.29 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
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Nearby investment properties with comparable prices
Listed by: Lisa Braud • NOLA Living Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2507203
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.