73 Indigo Pkwy, La Place, LA, 70068 | $274/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

Rental property for sale in La Place at 73 Indigo Pkwy, La Place, LA, 70068 priced at $189,900 converts $1,450/mo rent into $274/mo cash flow after a $929/mo obligation. Total monthly income equals $1,450/mo, and annual cash flow totals $3,290/yr on $62,952 invested. Return on cash invested prints 25.13% in year one, and rental yield reads 9.16% against a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. Five-year ROI reaches 130.95% and total cumulative return in cash sums $82,433. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,450/mo property income covering a $929/mo payment, not borrower’s personal income.

Single Family

Built in 2010

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