40215 Marie RdPrairievilleLA70769
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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 40215 Marie Rd, Prairieville, LA, 70769 offers a 9.22% rental yield on a $359,000 purchase with $2,759/mo rent. Total monthly income registers $2,759/mo, and a $1,757/mo payment leaves $535/mo available for distribution. Annual cash flow reaches $6,424/yr on $119,009 to close, and return on cash invested stands at 25.31% in year one. Equity gained on principal adds $2,317/yr while 5% annual appreciation supports $99,185 over five years. Portfolio math shows five-year ROI at 131.83% and total cumulative return in cash at $156,883. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,759/mo property income against a $1,757/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.99 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: Matthew Pope • National Land Realty, Southeastern LA
Mls Name: My State MLS
Mls ID: #11492353