15454 Summer Trace DrPrairievilleLA70769
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder15454 Summer Trace Dr, Prairieville, LA, 70769 in Prairieville carries a 1.53 coverage ratio, rent of $2,851/mo is 1.53 times the $1,866/mo payment. Rental yield 7.06%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $415,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $114,657; total projected cumulative return: $167,103.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 6.8% |
| Monthly Cash Flow | $(268) | $1,250 |
City averages based on Prairieville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,851 |
| Total Monthly Debt Service | $2,545 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2007
10,454 sqft lot
$N/A/sqft
$530 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70769, Prairieville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,602 (100%) |
| Owner Occupied HU | 15,284 (82.2%) |
| Renter Occupied HU | 2,278 (12.2%) |
| Vacant Housing Units | 1,040 ( 5.6%) |
| Median Home Value | $328,278 |
| Average Home Value | $357,952 |
Housing Distribution
Address Breakdown
Residential
18,162
Single Family
17,857
Multi-Family
305
Businesses
1,131
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
Single Family
Built in 2007
10,454 sqft lot
$N/A/sqft
$530 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70769, Prairieville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,602 (100%) |
| Owner Occupied HU | 15,284 (82.2%) |
| Renter Occupied HU | 2,278 (12.2%) |
| Vacant Housing Units | 1,040 ( 5.6%) |
| Median Home Value | $328,278 |
| Average Home Value | $357,952 |
Housing Distribution
Address Breakdown
Residential
18,162
Single Family
17,857
Multi-Family
305
Businesses
1,131
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mallory Jenkins • Craft Realty
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025007164
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 ROAM MLS.