Riley Transitional Plan, Prairie Cove Phase IIMauriceLA70555
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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 Maurice at Riley Transitional Plan, Prairie Cove Phase II, Maurice, LA, 70555 priced at $297,500 pairs $2,386/mo rent with $543/mo cash flow after a $1,456/mo payment. Total monthly income equals $2,386/mo, and annual cash flow comes to $6,519/yr on $98,621 invested. Return on cash invested is 26.52% in year one, and rental yield stands at 9.62% on a $297,500 basis. Equity gained on principal adds $1,920/yr, and 5% annual appreciation accumulates to $82,194 by year five. Five-year ROI measures 138.33% and total cumulative return in cash reaches $136,423. For financing, Ziffy Mortgage’s DSCR program evaluates $2,386/mo property income against a $1,456/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
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
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