12920 State Highway 697MauriceLA70548
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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 Maurice at 12920 State Highway 697, Maurice, LA, 70548 offers a 5.15% rental yield on a $875,000 purchase with $3,754/mo rent. 11% in year one. Equity gained on principal adds $5,646/yr while 5% annual appreciation supports $241,746 over five years. Portfolio math shows five-year ROI at 66.37% and total cumulative return in cash at $191,075. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,754/mo property income against a $4,283/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
11.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70548, Kaplan, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,096 (100%) |
| Owner Occupied HU | 3,016 (59.2%) |
| Renter Occupied HU | 1,006 (19.7%) |
| Vacant Housing Units | 1,074 (21.1%) |
| Median Home Value | $151,852 |
| Average Home Value | $176,441 |
Housing Distribution
Address Breakdown
Residential
4,348
Single Family
4,247
Multi-Family
101
Businesses
239
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