132 Cottage Cove DrMauriceLA70555
Nearby investment properties with comparable rents
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 132 Cottage Cove Dr, Maurice, LA, 70555 uses $68,621 cash to close to unlock $1,811/yr annual cash flow and $151/mo monthly cash flow. Total monthly income runs $1,433/mo, and a $1,013/mo payment keeps the spread at $151/mo. Purchase price stands at $207,000, and rental yield measures 8.31% with $1,433/mo rent. Return on cash invested shows 22.55% in year one, and 5% annual appreciation builds toward $57,190 over five years. Five-year ROI reaches 116.99% and total cumulative return in cash records $80,278. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,433/mo property income covering a $1,013/mo payment rather than investor’s personal income.
Single Family
Built in N/A
5,662 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices