524 Camelia AveLa PlaceLA70068
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Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in La Place at 524 Camelia Ave, La Place, LA, 70068 at $139,000 posts ROI 26.04% with $235/mo cash flow from $1,096/mo rent. Total monthly income equals $1,096/mo, and annual cash flow records $2,824/yr on $46,079 to close. Return on cash invested measures 26.04% and rental yield reads 9.46% at the current $139,000. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 by year five. Five-year ROI prints 135.78% and total cumulative return in cash totals $62,564.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,096/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
6,600 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 |
Housing Distribution
Address Breakdown
Residential
12,920
Single Family
12,439
Multi-Family
481
Businesses
862
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Nearby investment properties with comparable prices