164 Iber St, La Place, LA, 70068 | $1,178/mo Cash Flow

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2400 sft

234 Murray Hill Dr, Destrehan, LA, 70047

3 Bed
2 Bath
2080 sft

3735 Olney St, Metairie, LA, 70002

3 Bed
2 Bath
2050 sft

4220 Alabama Ave, Kenner, LA, 70065

3 Bed
2 Bath
2752 sft

723 Arnold Ave, River Ridge, LA, 70123

Nearby investment properties with comparable prices

4 Bed
2 Bath
1680 sft

3340 Castle Dr, Kenner, LA, 70065

3 Bed
2 Bath
1545 sft

1620 Field Ave, Metairie, LA, 70001

3 Bed
2 Bath
1949 sft

2200 Delaware Ave, Kenner, LA, 70062

3 Bed
2 Bath
1508 sft

310 Oakley Ln, Destrehan, LA, 70047

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 164 Iber St, La Place, LA, 70068 with 5% annual appreciation on a $365,000 basis while $3,438/mo rent supports operations. Total monthly income totals $3,438/mo and a $1,786/mo payment preserves $1,178/mo for cash returns. Annual cash flow comes to $14,130/yr on $120,998 deployed, and return on cash invested reaches 31.59% in year one. Equity gained on principal adds $2,355/yr, and five-year appreciation sums $100,843 alongside rental yield of 11.3%. Five-year ROI measures 165.48% and total cumulative return in cash totals $200,227.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,438/mo property income versus a $1,786/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1987

0.41 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