Trillium IV A Plan, Alexander Ridge, Covington, LA, 70435 | $1,120/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Covington at Trillium IV A Plan, Alexander Ridge, Covington, LA, 70435 priced at $311,990 converts $3,053/mo rent into $1,120/mo cash flow after a $1,527/mo obligation. Total monthly income equals $3,053/mo, and annual cash flow totals $13,445/yr on $103,425 invested. Return on cash invested prints 32.91% in year one, and rental yield reads 11.74% against a $311,990 entry. Equity gained on principal adds $2,013/yr, while 5% annual appreciation compiles into $86,197 by year five. Five-year ROI reaches 172.57% and total cumulative return in cash sums $178,484. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,053/mo property income covering a $1,527/mo payment, not borrower’s personal income.

Single Family

Built in 2026

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70435, Covington, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,191 (100%)
Owner Occupied HU	7,325 (79.7%)
Renter Occupied HU	1,215 (13.2%)
Vacant Housing Units	651 ( 7.1%)
Median Home Value	$329,233
Average Home Value	$370,132