8629 State Highway 343MauriceLA70555
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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 8629 State Highway 343, Maurice, LA, 70555 offers a 9.89% rental yield on a $240,000 purchase with $1,979/mo rent. Total monthly income registers $1,979/mo, and a $1,175/mo payment leaves $492/mo available for distribution. Annual cash flow reaches $5,904/yr on $79,560 to close, and return on cash invested stands at 27.33% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 142.63% and total cumulative return in cash at $113,474. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,979/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
9.32 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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