100 Merganser DrMandevilleLA70448
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mandeville at 100 Merganser Dr, Mandeville, LA, 70448 uses $132,567 cash to close to unlock $3,806/yr annual cash flow and $317/mo monthly cash flow. Total monthly income runs $2,794/mo, and a $1,957/mo payment keeps the spread at $317/mo. Purchase price stands at $399,900, and rental yield measures 8.38% with $2,794/mo rent. Return on cash invested shows 22.78% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 118.27% and total cumulative return in cash records $156,788. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,794/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 1998
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70448, Mandeville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,854 (100%) |
| Owner Occupied HU | 8,376 (77.2%) |
| Renter Occupied HU | 1,932 (17.8%) |
| Vacant Housing Units | 546 ( 5.0%) |
| Median Home Value | $356,427 |
| Average Home Value | $392,692 |
Housing Distribution
Address Breakdown
Residential
10,367
Single Family
9,792
Multi-Family
575
Businesses
782
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shelley Dupuis • Crescent Sotheby's Intl Realty
Mls Name: GSREIN
Mls ID: #2536197