116 Oleander CtMandevilleLA70471
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
Total monthly income runs $5,454/mo, and a $6,730/mo payment. Purchase price stands at $1,375,000, and rental yield measures 4.76% with $5,454/mo rent. Return on cash invested shows 12.12% in year one, and 5% annual appreciation builds toward $379,887 over five years. Five-year ROI reaches 60.97% and total cumulative return in cash records $271,638. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,454/mo property income covering a $6,730/mo payment rather than investor’s personal income.
Single Family
Built in 2018
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70471, Mandeville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,229 (100%) |
| Owner Occupied HU | 6,832 (66.8%) |
| Renter Occupied HU | 2,630 (25.7%) |
| Vacant Housing Units | 767 ( 7.5%) |
| Median Home Value | $428,132 |
| Average Home Value | $457,705 |
Housing Distribution
Address Breakdown
Residential
9,580
Single Family
8,033
Multi-Family
1,547
Businesses
1,323
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Louis Williams • Keller Williams Realty Services
Mls Name: GSREIN
Mls ID: #2530723