38035 Post Office Rd APT 9BPrairievilleLA70769
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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 Prairieville at 38035 Post Office Rd APT 9B, Prairieville, LA, 70769 generates $1,342/mo in rent, after a $832/mo payment. Total monthly income is $1,342/mo. Return on cash invested sits at 17.97% in year one, and rental yield is 9.48% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 95.5% and total cumulative return in cash sums $53,786. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,342/mo property income rather than buyer’s personal income.
Townhouse
Built in 2006
871.20 sqft lot
$N/A/sqft
$4,560 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: Kyle Petersen • BHHS United Properties
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024021478
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.