1 Marquis MnrMorgan CityLA70380
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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 Morgan City at 1 Marquis Mnr, Morgan City, LA, 70380 with 5% annual appreciation on a $695,000 basis while $2,953/mo rent supports operations. 96% in year one. Equity gained on principal adds $4,485/yr, and five-year appreciation sums $192,016 alongside rental yield of 5.1%. Five-year ROI measures 65.57% and total cumulative return in cash totals $149,922. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,953/mo property income versus a $3,402/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1993
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70380, Morgan City, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,959 (100%) |
| Owner Occupied HU | 5,645 (56.7%) |
| Renter Occupied HU | 2,703 (27.1%) |
| Vacant Housing Units | 1,611 (16.2%) |
| Median Home Value | $152,917 |
| Average Home Value | $211,206 |
Housing Distribution
Address Breakdown
Residential
8,902
Single Family
8,630
Multi-Family
272
Businesses
897
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Nearby investment properties with comparable prices
Listed by: Lori Broussard • Real Broker, LLC
Mls Name: RAA
Mls ID: #2500002124