2017 Edia StMauriceLA70555
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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 Maurice at 2017 Edia St, Maurice, LA, 70555 uses $56,024 cash to close to unlock $3,160/yr annual cash flow and $263/mo monthly cash flow. Total monthly income runs $1,310/mo, and a $827/mo payment keeps the spread at $263/mo. Purchase price stands at $169,000, and rental yield measures 9.3% with $1,310/mo rent. Return on cash invested shows 25.55% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 133.14% and total cumulative return in cash records $74,587. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,310/mo property income covering a $827/mo payment rather than investor’s personal income.
Manufactured
Built in N/A
0.41 Acres 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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