40285 Buchanan CtPrairievilleLA70769
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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 40285 Buchanan Ct, Prairieville, LA, 70769 generates $2,682/mo in rent and, after a $2,095/mo payment, leaves $31/mo in cash flow. Total monthly income is $2,682/mo, and annual cash flow is $367/yr on $141,882 invested. Return on cash invested sits at 20.17% in year one, and rental yield is 7.52% on a $428,000 entry. Equity gained on principal adds $2,762/yr, while 5% annual appreciation builds toward $118,249 over five years. Five-year ROI reaches 104.25% and total cumulative return in cash sums $147,911. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,682/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
10,454 sqft 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: Calvin Clement • Pennant Real Estate
Mls Name: ROAM MLS
Mls ID: #2025022725