16307 Megan LnPrairievilleLA70769
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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
Investment property for sale in Prairieville at 16307 Megan Ln, Prairieville, LA, 70769 listed at $310,000 pairs $2,155/mo rent with a $1,517/mo payment to leave $235/mo cash flow. Total monthly income runs $2,155/mo, and annual cash flow reaches $2,820/yr on $102,765 cash to close. Return on cash invested measures 22.65% in year one, and rental yield registers 8.34% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 117.54% and total cumulative return in cash totals $120,787. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,155/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
0.27 Acres lot
$N/A/sqft
No 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: Tamera Kleinpeter • Keller Williams Realty Premier Partners
Mls Name: ROAM MLS
Mls ID: #2025015018