108 Rita StMauriceLA70555
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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
Rental property for sale in Maurice at 108 Rita St, Maurice, LA, 70555 offers $1,129/mo rent that, after a $729/mo payment, leaves $206/mo cash flow. Total monthly income is $1,129/mo, and annual cash flow is $2,476/yr on $49,394 cash. Return on cash invested measures 24.92% in year one, and rental yield stands at 9.09% at a $149,000 entry. Equity gained on principal adds $961/yr while 5% annual appreciation compounds into $41,166 by year five. Five-year ROI records 129.81% and total cumulative return in cash reaches $64,120. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,129/mo property income versus a $729/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70555, Maurice, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,106 (100%) |
| Owner Occupied HU | 3,165 (77.1%) |
| Renter Occupied HU | 620 (15.1%) |
| Vacant Housing Units | 321 ( 7.8%) |
| Median Home Value | $240,395 |
| Average Home Value | $260,072 |
Housing Distribution
Address Breakdown
Residential
4,012
Single Family
3,793
Multi-Family
219
Businesses
227
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