1905 Maple StMorgan CityLA70380
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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 Morgan City at 1905 Maple St, Morgan City, LA, 70380 priced at $160,000 converts $1,221/mo rent into $230/mo cash flow after a $783/mo obligation. Total monthly income equals $1,221/mo, and annual cash flow totals $2,760/yr on $53,040 invested. Return on cash invested prints 25.11% in year one, and rental yield reads 9.16% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 130.75% and total cumulative return in cash sums $69,350. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,221/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1997
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70380, Morgan City, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,959 (100%) |
| Owner Occupied HU | 5,645 (56.7%) |
| Renter Occupied HU | 2,703 (27.1%) |
| Vacant Housing Units | 1,611 (16.2%) |
| Median Home Value | $152,917 |
| Average Home Value | $211,206 |
Housing Distribution
Address Breakdown
Residential
8,902
Single Family
8,630
Multi-Family
272
Businesses
897
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Listed by: Kaylon Bruno • ASSOCIATES OF PREFERRED REALTY
Mls Name: ROAM MLS
Mls ID: #2026000263