1620 Cambridge Dr, La Place, LA, 70068 | $193/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 1620 Cambridge Dr, La Place, LA, 70068 offers $936/mo rent that, after a $587/mo payment, leaves $193/mo cash flow. Total monthly income is $936/mo, and annual cash flow is $2,318/yr on $39,747 cash. Return on cash invested measures 25.74% in year one, and rental yield stands at 9.37% at a $119,900 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,126 by year five. Five-year ROI records 134.26% and total cumulative return in cash reaches $53,364. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $936/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1984

6,499 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