2117 Colonial Dr, La Place, LA, 70068 | $177/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

Investment property for sale in La Place at 2117 Colonial Dr, La Place, LA, 70068 listed at $203,000 pairs $1,435/mo rent with a $994/mo payment to leave $177/mo cash flow. Total monthly income runs $1,435/mo, and annual cash flow reaches $2,125/yr on $67,295 cash to close. Return on cash invested measures 23.07% in year one, and rental yield registers 8.48% at a $203,000 basis. Equity gained on principal adds $1,310/yr, and annual property appreciation at 5% supports $56,085 by year five. Five-year ROI tracks 119.85% and total cumulative return in cash totals $80,654. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,435/mo property income relative to a $994/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1982

8,999 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