St. Michael-French I 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
Investment property for sale in Maurice at St. Michael-French I Plan, Prairie Cove Phase II, Maurice, LA, 70555 at $284,700 posts ROI 27.99% with $636/mo cash flow from $2,399/mo rent. Total monthly income equals $2,399/mo, and annual cash flow records $7,631/yr on $94,378 to close. Return on cash invested measures 27.99% and rental yield reads 10.11% at the current $284,700. Equity gained on principal adds $1,837/yr, and 5% annual appreciation supports $78,657 by year five. Five-year ROI prints 146.2% and total cumulative return in cash totals $137,984.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,399/mo property income rather than your personal income records (W2s, Paystubs, and 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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