Melrose Plan, Delaune EstatesPrairievilleLA70769
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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 Melrose Plan, Delaune Estates, Prairieville, LA, 70769 priced at $505,000 converts $3,542/mo rent into $414/mo cash flow after a $2,472/mo obligation. Total monthly income equals $3,542/mo, and annual cash flow totals $4,962/yr on $166,145 invested. Return on cash invested prints 23.05% in year one, and rental yield reads 8.42% against a $505,000 entry. Equity gained on principal adds $3,259/yr, while 5% annual appreciation compiles into $139,522 by year five. Five-year ROI reaches 119.65% and total cumulative return in cash sums $198,798. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,542/mo property income covering a $2,472/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A 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: N/A • Level Homes
Mls Name: Level Homes
Mls ID: #N/A