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

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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 B Plan, Alexander Ridge, Covington, LA, 70435 priced at $311,990 pairs $3,053/mo rent with $1,120/mo cash flow after a $1,527/mo payment. Total monthly income equals $3,053/mo, and annual cash flow comes to $13,445/yr on $103,425 invested. Return on cash invested is 32.91% in year one, and rental yield stands at 11.74% on a $311,990 basis. Equity gained on principal adds $2,013/yr, and 5% annual appreciation accumulates to $86,197 by year five. Five-year ROI measures 172.57% and total cumulative return in cash reaches $178,484. For financing, Ziffy Mortgage’s DSCR program evaluates $3,053/mo property income against a $1,527/mo payment instead of your W2s, 1099s, or Tax returns.

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