42744 Highway 42PrairievilleLA70769
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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 42744 Highway 42, Prairieville, LA, 70769 uses $72,897 cash to close to unlock $1,826/yr annual cash flow and $152/mo monthly cash flow. Total monthly income runs $1,514/mo, and a $1,076/mo payment keeps the spread at $152/mo. Purchase price stands at $219,900, and rental yield measures 8.26% with $1,514/mo rent. Return on cash invested shows 22.41% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 116.34% and total cumulative return in cash records $84,808. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,514/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Manufactured
Built in 2019
0.50 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: Lelah Villar • Atlas Real Estate Company, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2473590
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