Oakridge V G Plan, Christy PlacePrairievilleLA70769
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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 Oakridge V G Plan, Christy Place, Prairieville, LA, 70769 offers $1,922/mo rent that, after a $1,410/mo payment, leaves $138/mo cash flow. Total monthly income is $1,922/mo, and annual cash flow is $1,651/yr on $95,469 cash. Return on cash invested measures 21.64% in year one, and rental yield stands at 8.01% at a $287,990 entry. Equity gained on principal adds $1,858/yr while 5% annual appreciation compounds into $79,566 by year five. Five-year ROI records 112.14% and total cumulative return in cash reaches $107,061. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,922/mo property income versus a $1,410/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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: Jacqueline Grizzaffi • DSLD Homes - Louisiana
Mls Name: DSLD Homes
Mls ID: #N/A