1924 Yorktowne Dr, La Place, LA, 70068 | $332/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1857 sft

656 Magnolia Ave, La Place, LA, 70068

3 Bed
1 Bath
1080 sft

1016 Tullulah Ave, River Ridge, LA, 70123

8 Bed
4 Bath
2900 sft

2713 Independence St, Metairie, LA, 70006

2 Bed
2 Bath
1155 sft

62 Ormond Pl, Destrehan, LA, 70047

Nearby investment properties with comparable prices

2 Bed
2 Bath
1268 sft

3008 Lake Villa Dr, Metairie, LA, 70002

3 Bed
2 Bath
1443 sft

1633 Yorktowne Dr, La Place, LA, 70068

3 Bed
2 Bath
1419 sft

1609 Bayonne Dr, La Place, LA, 70068

3 Bed
2 Bath
1502 sft

40 Cane Dr, La Place, LA, 70068

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 1924 Yorktowne Dr, La Place, LA, 70068 uses $65,969 cash to close to unlock $3,988/yr annual cash flow and $332/mo monthly cash flow. Total monthly income runs $1,565/mo, and a $974/mo payment keeps the spread at $332/mo. Purchase price stands at $199,000, and rental yield measures 9.44% with $1,565/mo rent. Return on cash invested shows 25.95% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 135.31% and total cumulative return in cash records $89,262. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,565/mo property income covering a $974/mo payment rather than investor’s personal income.

Single Family

Built in 1984

5,000 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