Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$360,000

For Sale - Active
17149 N Lake Dr, Prairieville, LA 70769
3 Beds
0 Baths
2,540 Square Feet
0.21 Acres Lot
Built in 1995
For Sale - Active
Units n/a
Checked: 16 hours ago
Updated: Jun 11, 2025 at 03:04AM

Investment Summary


Potential Missing Expenses

We noticed that property taxes are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
$228
Cap Rate
6.4%
Cash-on-Cash Return
3.3%
Debt Coverage Ratio
1.13
Internal Rate of Return (5 years)
7.2%

Property Description


0.21 Acres Lot
Built in 1995
For Sale - Active
Units n/a

Income-producing opportunity with a brand NEW roof! This one-of-a-kind beauty, in the heart of Prairieville, features 3 bedrooms, 3 full baths, and a customizable layout! This conveniently located gem has many wonderful updates, all new windows (2023), lots of fresh paint, a Generac generator (2020), gutters (2024) & much more! An attached apartment has its own entry, kitchen, sitting/breakfast area (that could become a studio bedroom), laundry room and porch! It can connect to the rest of the house or serve as a separate unit. Through the primary front door, the main living room and primary bedroom feature beautiful waterfront views! The primary kitchen has a stainless 5-burner gas range and new slimline stainless built-in microwave, and is open to the keeping and dining rooms! Both refrigerators remain. Bedroom two has a walk-in closet and direct access to the spacious guest bath. You'll also love the easy covered access to the 3-car garage located on both sides; so separate occupants can access through different sides! A rear porch and new deck overlook the water, offering a serene setting. Rooms are spacious and storage is plentiful throughout! It is in flood zone X and has never flooded, plus there is a low-rate assumable loan in place. It is truly a must see! Ask Ashley for ideas on tweaking the layout. ASSUMABLE MORTGAGE AT 2.75%

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: 3 Cars Park, Attached, Covered, Garage, Garage Door Opener
  • Details: Attached, Covered, Garage, Garage Door Opener
  • Garage Spaces: 0
  • Spaces Total: 3

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Total): 0.0

Interior Features

  • # of Stories: 1

Exterior Features

  • Foundation: Slab
  • Roof Material: Shingle

Land Information

  • Land Use: Residential Income
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 020001195
  • Lot Size: 9147 sqft

Property Information

  • Property Type: Duplex
  • Year Built: 1995

Tax Information

  • Annual Tax: $0

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air

Location

  • County: Ascension Parish

Listing Details


Listed by:
Ashley Vuci
Compass - Perkins
(225) 324-3661

Source:
Greater Baton Rouge Association of REALTORS
MLS#: 2025008513
Greater Baton Rouge Association of REALTORS

Investment Summary


Potential Missing Expenses

We noticed that property taxes are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
$228
Cap Rate
6.4%
Cash-on-Cash Return
3.3%
Debt Coverage Ratio
1.13
Internal Rate of Return (5 years)
7.2%

Purchase Details

Find an Agent

Purchase price:
$360,000
Amount financed:
-$288,000
Down payment:
$72,000
Closing costs:
$10,800
Rehab costs:
$0
Initial cash invested:
$82,800
Square feet:
2,540
Cost per square foot:
$142
Monthly rent per square foot:
$1.10

Financing Details

Find a Lender

Loan amount:
$288,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,704
Property tax:
$0
Insurance:
$196
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,900

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$2,800 $33,600
Vacancy loss: (6%)
6% -$168 -$2,016
Operating income:
$2,632 $31,584

Operating Expenses


% Rent Monthly Yearly
Property taxes: (n/a)
n/an/an/a
Insurance: (7%)
7%-$196-$2,352
Property management: (8%)
8%-$224-$2,688
Repairs & maintenance: (5%)
5%-$140-$1,680
Capital expenditures: (5%)
5%-$140-$1,680
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (25%)
25%-$700-$8,400

Cash Flow


Monthly Yearly
Net operating income:
$1,932 $23,184
Mortgage payments:
-$1,704 -$20,448
Cash flow:
$228 $2,736