1204 Rue Degas, Mandeville, LA, 70471 | $1,026/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 Mandeville at 1204 Rue Degas, Mandeville, LA, 70471 generates $3,720/mo in rent and, after a $2,129/mo payment, leaves $1,026/mo in cash flow. Total monthly income is $3,720/mo, and annual cash flow is $12,306/yr on $144,203 invested. Return on cash invested sits at 28.44% in year one, and rental yield is 10.26% on a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 148.62% and total cumulative return in cash sums $214,308. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,720/mo property income rather than buyer’s personal income.

Townhouse

Built in 2005

2,565 sqft 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