35 Derek Ln, La Place, LA, 70068 | $586/mo Cash Flow

Off market

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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 35 Derek Ln, La Place, LA, 70068 priced at $244,800 pairs $2,161/mo rent with $586/mo cash flow after a $1,198/mo payment. Total monthly income equals $2,161/mo, and annual cash flow comes to $7,035/yr on $81,151 invested. Return on cash invested is 28.58% in year one, and rental yield stands at 10.59% on a $244,800 basis. Equity gained on principal adds $1,580/yr, and 5% annual appreciation accumulates to $67,634 by year five. Five-year ROI measures 149.7% and total cumulative return in cash reaches $121,485. For financing, Ziffy Mortgage’s DSCR program evaluates $2,161/mo property income against a $1,198/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in N/A

N/A 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