148 Cottage Cove DrMauriceLA70555
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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
Investment Highlights
Rental property for sale in Maurice at 148 Cottage Cove Dr, Maurice, LA, 70555 priced at $207,000 converts $1,397/mo rent into $115/mo cash flow after a $1,013/mo obligation. Total monthly income equals $1,397/mo, and annual cash flow totals $1,379/yr on $68,621 invested. Return on cash invested prints 21.92% in year one, and rental yield reads 8.1% against a $207,000 entry. Equity gained on principal adds $1,336/yr, while 5% annual appreciation compiles into $57,190 by year five. Five-year ROI reaches 113.63% and total cumulative return in cash sums $77,974. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,397/mo property income covering a $1,013/mo payment, not borrower’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
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