Fargo Plan, Cottage CoveMauriceLA70555
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Maurice at Fargo Plan, Cottage Cove, Maurice, LA, 70555 generates $1,580/mo in rent and, after a $1,118/mo payment, leaves $165/mo in cash flow. Total monthly income is $1,580/mo, and annual cash flow is $1,979/yr on $75,748 invested. Return on cash invested sits at 22.52% in year one, and rental yield is 8.3% on a $228,500 entry. Equity gained on principal adds $1,474/yr, while 5% annual appreciation builds toward $63,130 over five years. Five-year ROI reaches 116.86% and total cumulative return in cash sums $88,516. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,580/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
