15600 Magicstone AvePrairievilleLA70769
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 Prairieville at 15600 Magicstone Ave, Prairieville, LA, 70769 earns $814/mo cash flow from $2,394/mo rent with a $1,236/mo payment. Total monthly income totals $2,394/mo, and annual cash flow totals $9,762/yr on $83,704 capital. ROI tracks 31.57% on current figures, and rental yield reads 11.38% at a $252,500 purchase. Equity gained on principal adds $1,629/yr, and 5% annual appreciation supports $69,761 over five years. Five-year ROI reaches 165.5% and total cumulative return in cash sums $138,531. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,394/mo property income instead of your personal income.
Single Family
Built in 2016
6,969 sqft lot
$N/A/sqft
$195 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
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Listed by: Jodie Strain • Latter & Blum - Perkins
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025001025
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.